Ripple Takes Equity Stakes in UK Firms to Bolster Tokenized Asset Liquidity

Ripple has taken direct equity stakes in two London-based fintech firms, Zilo and Licuido. These investments were announced on August 3, 2026, as part of a broader effort to boost liquidity for tokenized assets on the XRP Ledger.

The deals convert existing commercial partnerships into ownership positions, allowing Ripple to strengthen its control over the full chain of custody, from record-keeping to collateral mobility. The stated goal is to complete a full-lifecycle institutional capital markets stack on the XRP Ledger.

Zilo provides regulated transfer agency services, while Licuido runs an FCA-regulated issuance and collateral platform. Together with Ripple's stablecoin RLUSD, they form the three pieces needed to give institutions a single operating model for tokenized fund assets.

The XRP Ledger has processed more than four billion transactions since 2012 and is maintained by 120 independent validators. A major protocol upgrade, xrpld 3.3.0, is expected imminently and aims to improve XRPL infrastructure and institutional finance functionality.