Ripple invests in ZILO and Licuido to expand tokenized asset infrastructure on XRPL, following Aviva Investors' $1B+ liquidity fund tokenization.
Tech & Launches ·
Ripple is investing in ZILO and Licuido to expand its capital markets infrastructure on the XRP Ledger, adding regulated transfer agency, issuance, and collateral mobility capabilities. The investment follows Aviva Investors' tokenization of its US Dollar Liquidity Fund on the XRPL, signaling institutional readiness to move tokenized assets onchain.
The infrastructure builds on a shift from pilot programs to production deployments. Over the past year, institutions have moved from testing tokenized money market funds and liquidity funds to actively using them, with capital markets increasingly operating continuously on blockchain. Ripple's stated objective is to provide a complete digital asset lifecycle stack on the XRP Ledger, enabling institutional participants to access issuance, management, and settlement functions.
The scope of Ripple's involvement with ZILO and Licuido—whether equity stakes, amounts invested, or formal partnership terms—remains unspecified. Similarly, details on the timeline for integrating these services or rollout plans are not yet public.