Ripple Backs ZILO and Licuido to Advance Tokenized Capital Markets on XRPL
Ripple has made strategic investments in two firms, ZILO and Licuido, targeting regulated transfer agency, asset issuance, and collateral mobility on the XRP Ledger. The move signals a continued push by Ripple to position XRPL as core infrastructure for institutional tokenized capital markets. Both deals are described as expanding the regulated financial services layer built on XRPL.
Ripple has announced investments in two companies, ZILO and Licuido, as part of a broader effort to deepen the XRP Ledger's role in tokenized capital markets. According to the announcement, the partnerships are designed to bring regulated transfer agency services, asset issuance capabilities, and collateral mobility to XRPL infrastructure.
Transfer agency services are a critical piece of institutional-grade asset management, handling the record-keeping and movement of securities ownership. By integrating this function onto XRPL, Ripple is working to make the ledger more suitable for regulated financial institutions seeking blockchain-based settlement and issuance rails.
Collateral mobility is another significant component of the deals. The ability to move collateral efficiently across counterparties and jurisdictions is a key requirement for institutional adoption in fixed income and derivatives markets. Adding this capability to XRPL could broaden its appeal to banks and asset managers.
The two investments follow a pattern of Ripple selectively backing companies that extend XRPL's utility into regulated financial verticals, rather than consumer-facing applications. Both ZILO and Licuido appear focused on the infrastructure layer of capital markets rather than retail products.
- ZILO and Licuido are both described as targeting regulated capital markets use cases
- Services include transfer agency, issuance, and collateral mobility
- All activity is directed at the XRP Ledger infrastructure layer
Key facts
- •Ripple invested in ZILO and Licuido
- •Deals target regulated transfer agency and asset issuance on XRPL
- •Collateral mobility is a stated goal of the partnerships
- •Infrastructure is being built directly on the XRP Ledger
- •Ripple framed the investments as part of a tokenized capital markets push