Ripple invests in 2 firms to scale XRPL tokenization

Ripple announced strategic investments in ZILO and Licuido on Aug. 3, adding two United Kingdom based firms to its digital capital markets strategy on the XRP Ledger. Summary Ripple invested in ZILO and Licuido to expand tokenized fund infrastructure on the XRP Ledger. ZILO launched an integrated platform combining traditional transfer agency with digitally native asset issuance capabilities. Licuido will use Ripple’s backing to scale issuance, trading and collateral mobility through XRPL infrastructure. RLUSD will serve as the cash leg for delivery versus payment settlements involving tokenized funds. Ripple disclosed no investment amounts, leaving financial terms and resulting ownership stakes unknown to investors. The company said the deals will add transfer agency, token issuance, trading and collateral mobility tools to its institutional infrastructure. Ripple did not disclose either investment amount, the ownership stakes received or financial targets for the partnerships. Both companies separately confirmed the funding. ZILO also launched an integrated digital assets and transfer agency platform on Monday, while Licuido said Ripple’s backing would help scale its infrastructu...