Ripple invests in UK firms ZILO and Licuido to expand tokenized capital markets on XRP Ledger

Ripple has invested in UK fintech firms ZILO and Licuido to enhance its XRP Ledger for tokenized capital markets. The move, whose financial terms were not disclosed, adds regulated transfer agency, issuance, and collateral mobility to the platform. This addresses growing institutional demand, evidenced by Aviva Investors' recent use of XRPL, and aims to solve traditional market issues like slow settlements and locked collateral.

Ripple strategic investments

• ▪The investments aim to expand the XRP Ledger's infrastructure to meet growing institutional demand for tokenized products.
• ▪The financial terms of Ripple's investments in ZILO and Licuido were not disclosed.
• ▪The move follows Aviva Investors tokenizing its U.S. Dollar Liquidity Fund on the XRP Ledger.
• ▪Ripple has made strategic investments in UK-based fintech firms ZILO and Licuido.

ZILO transfer agency technology

• ▪The investment in ZILO will bring regulated transfer agency services to the XRP Ledger.
• ▪ZILO provides transfer agency and fund administration technology for managing tokenized assets.

Licuido digital collateral platform

• ▪Licuido is a platform for the issuance, distribution, and execution of traditional assets as digital collateral.
• ▪The investment in Licuido will add collateral mobility to the XRP Ledger's infrastructure.

XRPL tokenization infrastructure

• ▪Ripple's tokenization efforts aim to solve limitations of traditional markets, such as locked-up collateral and slow settlements.
• ▪The XRP Ledger is preparing for a major upgrade, "xrpld 3.3.0," to improve tokenization and institutional finance.
• ▪The investments will also add digital asset issuance capabilities to the XRP Ledger.

UK wholesale markets task force

• ▪Other members of the UK task force include Circle, Coinbase, BlackRock, Goldman Sachs, J.P. Morgan, and Morgan Stanley.
• ▪Ripple is a member of a 54-firm task force created by the UK government to advance tokenization in wholesale financial markets.

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