Ripple Backs Zilo and Licuido to Accelerate Tokenized Capital Markets on XRPL

Woofun AI reports that Ripple has executed strategic investments in Zilo and Licuido to expand access to tokenized financial assets on its blockchain ledger. The fintech firm aims to integrate regulated transfer agency, issuance, and collateral mobility into its XRP Ledger (XRPL) infrastructure through these partnerships.

Zilo, a provider of global transfer agency asset solutions for wealth managers, has raised $58.7 million in total equity funding according to data compiled by Traxcn. Licuido, a tokenization solutions provider regulated by the UK Financial Conduct Authority, is also based in the UK. Ripple expects these deals to address issues tied to idle collateral by enabling tokenized funds to be used as collateral from the point of issuance. Financial details for the investments were not provided in the Monday announcement.

Woofun AI data shows that this initiative follows the launch of a tokenized share class of the US Dollar Liquidity Fund by London-based Aviva Investors on XRPL, approved by the Central Bank of Ireland. Last month, Ripple launched Ripple Mint, a platform for institutions to access, mint, redeem, and manage Ripple USD (RLUSD). XRPL is the 11th-largest blockchain network with $368 million in tokenized real-world assets (RWAs). Ethereum ranked first with $17.1 billion in tokenized RWAs, according to data provider RWA.xyz. Total RWA holders increased by 50% to 1.57 million during the past 30 days, while the total value of tokenized assets rose by 1.5% to $37.3 billion.

The expansion underscores a broader industry shift toward institutional-grade tokenization infrastructure. By integrating specialized service providers, Ripple seeks to solidify XRPL's position in the rapidly growing RWA sector.