Ripple Invests in Zilo and Licuido to Expand Tokenized Finance on XRPL

According to Huoxing Finance, on August 3, blockchain fintech company Ripple announced a strategic investment in Zilo, a UK-regulated asset transfer agency, and Licuido, a tokenization solutions provider regulated by the UK Financial Conduct Authority (FCA), to advance the application of tokenized financial assets on the XRP Ledger (XRPL). Ripple stated that this investment aims to integrate regulated asset transfer agencies, asset issuance, and collateral liquidity into the XRPL infrastructure, addressing the issue of idle collateral in traditional financial markets and enabling tokenized funds to be used as collateral from the moment of issuance. Zilo provides global transfer agency and asset solutions for wealth management institutions, having raised approximately $58.7 million in total funding. Licuido specializes in asset tokenization services for institutional clients. The specific investment amounts for both companies have not been disclosed. This move follows Aviva Investors’ launch of a tokenized USD liquidity fund on XRPL. Previously, Ripple introduced the Ripple Mint platform to help institutions issue, redeem, and manage their USD stablecoin, Ripple USD (RLUSD). Data shows that the total value of tokenized real-world assets (RWA) on XRPL currently stands at approximately $368 million, ranking 11th globally; Ethereum leads with $17.1 billion. Over the past 30 days, the number of RWA holders increased by 50% to 1.57 million, while the total value of tokenized assets rose 1.5% to $37.3 billion.