Ripple Bolsters XRP with Strategic Investments

Ripple has made strategic investments in fintech companies ZILO and Licuido to add regulated infrastructure to the $XRP Ledger.

According to Ripple, these investments will enable the addition of security transfer, asset issuance, and collateral transfer functionalities compatible with the $XRP Ledger infrastructure.

The company plans to strengthen the foundation that enables institutions to issue, manage, and transfer assets on the $XRP Ledger in compliance with regulatory requirements.