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Ripple Expands Tokenization Strategy with Investments in ZILO and Licuido

Importance High

Ripple has expanded its digital capital markets strategy with new investments in ZILO and Licuido, two firms focused on developing infrastructure for tokenized funds and institutional asset trading. The company announced the investments on August 3, building on existing partnerships with both firms. Ripple did not disclose the size of either investment.

Nigel Khakoo, SVP of Trading and Markets at Ripple, said: “ZILO and Licuido provide core capabilities that are essential to further scaling this shift: regulated digital transfer agency infrastructure and liquidity for issuance and collateral mobility. This is just the beginning of the journey, and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade.”

ZILO offers transfer agency and fund administration technology, giving asset managers and custodians regulated digital records for tokenized share classes. Licuido operates an FCA-regulated platform that supports the issuance, distribution, trading, and use of traditional assets as digital collateral.

Ripple plans to integrate these capabilities with its infrastructure on the XRP Ledger, allowing institutions to issue tokenized assets, hold them in custody, move them between investors, and use them as collateral without relying on legacy systems. RLUSD will serve as the regulated cash component for delivery-versus-payment transactions, enabling the asset and payment sides of a trade to settle together on XRPL.

The investments support Ripple’s broader institutional platform around tokenization, payments, stablecoins, and trading. Last month, the firm launched Ripple Mint and invested in compliance provider Notabene, strengthening the infrastructure available to institutions using RLUSD.

Ripple has previously worked with Aviva Investors, Franklin Templeton, and DBS on tokenized fund and collateral projects. The company said that ZILO and Licuido will help turn those individual partnerships into infrastructure that asset managers can use at scale.

Source: https://cryptopotato.com/important-ripple-xrp-announcement-new-investments-august-3/