Ripple Invests in Zilo and Licuido to Complete Institutional Capital Markets Stack

Ripple has made strategic equity investments in two UK-based firms, Zilo and Licuido, to complete its full-lifecycle institutional capital markets stack on the XRP Ledger.

The move targets the gap that has stalled most institutional tokenization pilots: minting a token is straightforward; financing, pledging, and settling it with the same reliability as a conventional holding is not.

Institutional RWA tokenization has exhibited a consistent structural failure: tokenized fund shares are issued and then parked. The ownership record, issuance rail, and settlement mechanism have historically been handled by separate, often incompatible legacy systems that were never designed to interface with on-chain collateral markets.