Ripple's Institutional Expansion Accelerates with ZILO and Licuido Investments
Ripple's institutional infrastructure continues to expand as the company invests in two new companies, ZILO and Licuido. These investments are part of Ripple's plan to become a preferred international settlement layer for both retail and institutions.
ZILO provides transfer agency and fund administration technology for tokenized share classes, while Licuido operates a platform that supports the issuance, distribution, trading, and use of traditional assets as digital collateral.
Ripple plans to connect these services with its existing XRP Ledger infrastructure, allowing institutions to issue tokenized assets, transfer them between investors, hold them in custody, and use them as collateral. RLUSD could provide the settlement side of transactions, allowing assets and payments to settle together and instantly.
Meanwhile, Mastercard completed its acquisition of BVNK, a stablecoin infrastructure company that supports XRP deposits and outgoing payments through its multichain infrastructure.