Ripple Bolsters XRP Ledger with Strategic Investments
Ripple has made strategic investments in two companies, Zilo and Licuido, to develop the corporate finance infrastructure of its XRP Ledger.
The aim is to add transfer agency, asset issuance, and collateral transfer features to XRPL.
The value of tokenized assets on XRPL has reached $368 million, with the global tokenized asset value increasing by 1.5% over the last 30 days to $37.3 billion.