Blockchain & IT/Home · Blockchain & IT

Ripple Targets 'Post-Issuance' Use of Tokenized Assets… Expands XRPL Infrastructure Through Investments in ZILO and Licuido

Ripple is stepping up efforts to enable 'post-issuance' utilization of tokenized assets. The company has made strategic investments in ZILO and Licuido to combi

Wooil Shim
Staff Reporter
4 min read
Ripple Targets 'Post-Issuance' Use of Tokenized Assets… Expands XRPL Infrastructure Through Investments in ZILO and Licuido
CBC News

Ripple is stepping up efforts to enable 'post-issuance' utilization of tokenized assets. The company has made strategic investments in ZILO and Licuido to combine collateralized trading and payment functionalities within the XRPL (XRP Ledger)-based financial infrastructure.

Ripple announced on its official website via a press release on the 3rd (local time) that it had strategically invested in fintech company ZILO and tokenization and trading platform Licuido. The specific investment amounts and equity stakes were not disclosed.

ZILO: Managing Traditional Funds and Digital Assets Within a Unified System

According to official announcements from Ripple and ZILO, ZILO provides digital transfer agency and fund administration technology to asset managers, custodians, and transfer agents. The core of ZILO's platform is the integrated management of traditional funds and digital assets within a single operational system. It is designed to record legal ownership in real time during asset transactions.

Licuido: Supporting Secondary Market Collateralized Trading of Tokenized Assets

Licuido is a platform that supports the issuance, distribution, and trading of tokens for traditional financial assets such as funds. According to the official announcement, Licuido explained that its platform supports the tokenization of funds for financial institutions and enables tokenized assets to be traded as collateral in the secondary market through a separate trading infrastructure.

Integration with XRPL… 'Beyond Issuance to Trading, Payments, and Collateral'

Ripple plans to integrate ZILO's ownership and transfer agency technology and Licuido's issuance and collateralized trading functionalities into its XRPL-based financial infrastructure. Ripple stated its intention to expand the structure so that tokenized assets are not limited to simple issuance but can also be utilized for trading, payments, and collateral provision.

[※ This article does not recommend the purchase or sale of any specific cryptocurrency. Cryptocurrencies are subject to high price volatility, and investors should fully review the progress and risk factors of related projects. This article was written with AI assistance.]

Wooil Shim
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.