Ripple has made strategic investments in Zilo and Licuido to expand access to tokenized financial assets on its blockchain ledger. claim:1
The investments aim to enable tokenized funds to be used as collateral from the point of issuance to address issues tied to idle collateral. claim:8
Ripple expects these deals to bring regulated transfer agency, issuance, and collateral mobility to its XRP Ledger (XRPL) infrastructure. claim:7
Infrastructure and Market Context
According to reports, Zilo, which is based in the UK, provides global transfer agency asset solutions for wealth managers. claim:2, claim:4
Reports indicate that Licuido, also based in the UK, is a tokenization solutions provider regulated by the UK Financial Conduct Authority (FCA). claim:3, claim:5
Data shows the XRP Ledger (XRPL) currently holds $368 million in tokenized real-world assets (RWAs). claim:11
Value of tokenized RWAs on Ethereum, according to RWA.xyz
Ecosystem Developments
Reports state that London-based asset manager Aviva Investors launched a tokenized share class of its US Dollar Liquidity Fund on XRPL after receiving approval from the Central Bank of Ireland. claim:9
It is reported that Ripple also launched Ripple Mint, a platform for institutions to access, mint, redeem and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD). claim:10
Tokenization Market Trends
Data shows the total value of tokenized assets rose by 1.5% to $37.3 billion. claim:14
During the past 30 days, the total number of RWA holders increased by 50% to 1.57 million. claim:13
Total equity funding raised by Zilo, according to data compiled by Traxcn
