Ripple Strengthens XRPL Ecosystem with Licuido and ZILO Investments

Ripple, a popular blockchain technology platform, has recently announced exclusive investments. Ripple has invested in Licuido and ZILO to drive the digital capital network infrastructure through its XRP Ledger (XRPL).

As per Ripple’s official press release, the development provides the platform’s growing network with regulated transaction agency, collateral mobility functionalities, and the issuance of digital assets for cutting-edge tokenized financial assets.

The move comes after the tokenization of the US Dollar Liquidity Fund of Aviva Investors on the XRPL, indicating the surging institutional interest in blockchain-driven capital markets.

Deepening our push into capital markets, we are investing in ZILO and Licuido to add regulated transfer agency, issuance and collateral mobility to our capital markets infrastructure built on the XRPL.