Ripple backs Zilo and Licuido to build out tokenized asset infrastructure
RWA & Tokenization ·
The company has made two strategic investments aimed at bringing regulated fund issuance, settlement, and collateral movement onto the XRP Ledger.
Ripple announced on August 3 that it has put capital into Zilo and Licuido, two firms working on digital transfer agency systems and institutional asset trading, according to CryptoPotato. The stated goal is to strengthen Ripple's digital capital markets strategy by connecting regulated infrastructure directly to its ledger.
The mechanics center on giving tokenized funds a compliant pathway for issuance and transfer while allowing collateral tied to those assets to move more freely between institutions. By pairing Zilo's and Licuido's capabilities with the XRP Ledger, Ripple is positioning the network as a settlement layer where regulated transfer agency functions and liquidity can operate together rather than through separate, disconnected systems.
Ripple frames the move as part of a wider push to position itself as an institutional platform spanning tokenization, payments, and trading, a strategy the company describes directly in its own announcement on ripple.com. Coverage of the investments has also appeared through The Block, which reported on the same Zilo and Licuido deals as part of Ripple's expanding infrastructure ambitions.
The announcement follows earlier institutional tokenization work involving Aviva, according to related reporting circulating in the same coverage cluster, suggesting Ripple is building on existing relationships with financial firms rather than starting from scratch. Five distinct sources have covered the Zilo and Licuido investments, including a summary carried on leviathan.news, pointing to broad pickup of the story across crypto-focused outlets.
Left unaddressed in the available material are the size of Ripple's investments in either company, specific timelines for integrating their infrastructure with the XRP Ledger, and which institutional clients, if any, are expected to use the resulting tokenized fund and collateral mobility services first. How Zilo's and Licuido's existing regulatory licenses will translate onto Ripple's network also remains to be detailed.