CoinWorld news, the tokenization platform Midas has partnered with the blockchain interoperability protocol Axelar's developer Interop Labs to launch the tokenized XRP product mXRP, which currently aims to achieve a benchmark yield of 6-8% paid in XRP. Users can deposit XRP collateral into a tokenized structure to mint mXRP, which tracks the performance of underlying yield strategies. In addition to the base yield, mXRP can also be deployed in various DeFi protocols to generate additional returns.