šĀ $XRP DeFi Milestone: Vaultro Launches First Decentralised Index Fund Dashboard on XRPL
On Friday, Vaultro Finance officially revealed the first-ever decentralised index fund dashboard on the XRP Ledger (XRPL).
Calling it āa new era of on-chain portfolio investingā, the fund protocol announced the launch in a blog post, confirming that it is the first protocol to deliver a fully on-chain index fund interface on XRPL.
For XRPL users, itās a biggie, as the Vaultro Financeās launch brings structured, on-chain investment tools like index funds tracking AI, DeFi, and stablecoins, directly to XRPL users.
This eliminated the need for centralised intermediaries and reduced technical barriers, claims Vaultro Finance.
The significant milestone also boosts XRPLās utility beyond payments. It also aligns with Rippleās push into regulated DeFi and tokenized real-world assets like U.S. Treasury funds.
As the Ripple lawsuit remains unresolved, such utilitarian projects could brighten the sentiments within the XRP community.
In a Medium post, Vaultro Finance explained that the dashboard allows users to create, manage, and invest in tokenised index funds that track high-performance sectors such as AI tokens, stablecoins, DeFi assets, and native XRP Ledger tokens in one streamlined, intuitive interface.