Ripple Bolsters XRP Ledger Infrastructure with ZILO and Lucuido Investments
Ripple has made significant investments in ZILO and Lucuido to enhance its XRP Ledger infrastructure. This move aims to improve institutional access to tokenized investment products.
The company's decision follows a recent development where Aviva Investors tokenized its U.S. Dollar Liquidity Fund on the XRP Ledger. Ripple wants to bridge the gap between financial institutions and blockchain technology by expanding the XRPL infrastructure.
Ripple believes that traditional capital markets have limitations, including locking up collateral and taking longer than necessary for settlements. The company aims to solve these issues through the XRP Ledger by allowing tokenized assets to move faster, settle instantly, and be used more efficiently across financial markets.