- Ripple invested in ZILO and Licuido to strengthen XRPL infrastructure for institutional tokenized assets and regulated capital markets.
- The partnerships add transfer agency, digital issuance and collateral mobility while RLUSD supports regulated settlement on the XRPL.
- Ripple said the investments build on earlier tokenization efforts as XRPL expands services for institutional asset managers and issuers.
Ripple announced strategic investments in ZILO and Licuido as it expands its capital markets infrastructure on the XRP Ledger (XRPL). The announcement follows Aviva Investors’ tokenization of its U.S. Dollar Liquidity Fund on the XRPL and aims to add regulated transfer agency, issuance, and collateral mobility for institutional tokenized assets.
Investments Target Capital Markets Infrastructure
According to Ripple, the investments strengthen existing partnerships with ZILO and Licuido. Together, the companies will integrate regulated transfer agency services, digital issuance, and collateral movement into Ripple’s institutional infrastructure.
Ripple said its platform combines asset issuance, custody, collateral management, multi-currency investment, and atomic settlement. The company also said its stablecoin, RLUSD, serves as the regulated cash leg for delivery-versus-payment transactions.
Nigel Khakoo, Ripple’s senior vice president of Trading and Markets, said tokenization alone does not unlock the full value of digital assets. He said institutions also need efficient trading, settlement, borrowing, lending, and collateral capabilities.
Partners Expand Tokenized Asset Services
ZILO provides transfer agency and fund administration technology for asset managers, custodians, and transfer agents. According to Ripple, the platform supports tokenized share classes while maintaining regulated digital records.
Phil Goffin, founder and chief executive officer of ZILO, said Ripple’s investment will help expand digital market functionality for institutional clients.
Meanwhile, Licuido focuses on issuing, distributing, and trading tokenized financial assets. Ripple said the platform allows fund shares and other traditional assets to move through onchain collateral and atomic settlement infrastructure.
Brian Lynch, chief executive officer and co-founder of Licuido, said the partnership will help expand the company’s collateral marketplace on the XRPL.
Ripple Builds On Earlier Tokenization Efforts
Ripple said the investments build on its earlier collaboration with Aviva Investors to tokenize traditional fund structures on the XRPL. The company added that ZILO and Licuido support regulated issuance, distribution, custody, and additional use cases.
According to Ripple, the XRPL has processed more than four billion transactions since 2012. The network also supports over seven million active wallets and operates through 120 independent validators.
