Ripple Invests In ZILO And Licuido As Tokenized Assets Move Toward Production
Ripple is expanding its institutional tokenization strategy with strategic investments in ZILO and Licuido, two UK-based companies focused on financial-market infrastructure. Announced on August 3, 2026, the investments are designed to strengthen regulated transfer agency, asset issuance, and collateral mobility capabilities on the XRP Ledger (XRPL).
ZILO specializes in transfer-agency technology for asset managers and wealth-management firms. Its infrastructure is designed to support digital record-keeping for tokenized fund share classes, helping traditional investment products move onto blockchain networks while maintaining the operational requirements expected by regulated financial institutions.
Licuido adds another important component by focusing on tokenization, issuance, distribution, trading, and collateral mobility. Its platform is designed to allow traditional financial assets, including fund shares, to become more usable as digital collateral through on-chain settlement. Ripple says the partnership can help address the problem of assets remaining idle instead of being used efficiently within capital markets.
The investments also build on Ripple's existing work with major financial institutions. The company has previously highlighted partnerships involving Aviva Investors, Franklin Templeton, and DBS as examples of institutions exploring tokenized fund structures. More recently, Aviva Investors launched a tokenized share class of its US Dollar Liquidity Fund on the XRPL.
A key part of Ripple's strategy is moving tokenization beyond simply creating digital versions of traditional assets. The company wants tokenized funds to be capable of being bought, sold, settled, and potentially used as collateral. Ripple's institutional infrastructure combines issuance, custody, collateral utility, multi-currency functionality, and atomic settlement, with RLUSD positioned as the cash leg for certain delivery-versus-payment transactions.
For the XRP Ledger, these developments could strengthen its role in institutional real-world-asset markets. Instead of being used only as a network for transferring digital assets, XRPL is being developed as part of a broader infrastructure stack where regulated financial products can be issued, transferred, settled, and used within capital markets. However, the investments do not by themselves guarantee increased XRP demand or adoption, as individual applications may use different assets and settlement mechanisms.
Ripple's investments in ZILO and Licuido therefore mark another step toward bringing tokenized assets into practical financial workflows. As banks, asset managers, and other institutions move from experimentation toward production-scale blockchain applications, infrastructure for compliance, issuance, settlement, and liquidity could become increasingly important. If Ripple's strategy succeeds, the XRPL could become a more significant venue for institutional tokenized funds and other real-world financial assets in the years ahead.
