Ripple Launches XRP Ledger EVM Sidechain, With Integration of Axelar Bridge

• June 12: Ripple Labs, the primary developer behind the XRP Ledger, announced Wednesday that its previously announced XRPL EVM Sidechain has launched, including an integration with the interoperability project Axelar. According to the team: “The XRPL EVM Sidechain brings Ethereum compatibility to XRP Ledger, unlocking DeFi and RWA tokenization opportunities. The Axelar Bridge will ensure seamless asset transfers between XRPL and EVM Sidechain, with wXRP as the native asset. Security and user experience are key priorities. Ripple and Peersyst are collaborating to expand XRPL’s capabilities, making blockchain technology more accessible and efficient for developers and users alike.” (XRP)