Ripple invests in Zilo and Licuido to assist tokenized capital markets push
CoinTelegraph·
60-second summary
Ripple is investing in Zilo and Licuido to facilitate tokenized capital markets. This strategic move enables the use of tokenized funds as collateral from issuance, aiming to increase adoption and liquidity. Ripple's investment supports the growth of tokenized assets, potentially boosting the decentralized finance (DeFi) sector and further integrating traditional finance with blockchain technology.
Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance.