Ripple invests in ZILO and Licuido to deepen tokenized capital markets push
The Block·
60-second summary
Ripple is investing in ZILO and Licuido to expand its tokenized capital markets capabilities. The deals will integrate regulated transfer agency, issuance, and collateral mobility into Ripple's XRP Ledger infrastructure. This move aims to enhance liquidity and accessibility for tokenized assets, potentially increasing adoption and usage of XRP Ledger for financial institutions and investors alike.
Ripple said the deals are set to bring regulated transfer agency, issuance, and collateral mobility to its infrastructure on the XRP Ledger.