Ripple Invests in Zilo and Licuido to Expand XRP Ledger Collateral Use

Key Point

Ripple announced strategic investments in UK-based Zilo and Licuido to make tokenized financial assets more usable as collateral on XRPL. Financial terms for either deal were not disclosed. Zilo provides transfer agency and fund administration technology, and Licuido is an FCA-regulated tokenization platform. RWA.xyz data shows XRPL holds $368 million in tokenized RWAs, while total tokenized assets across all networks reached $37.3 billion as of Aug. 3.

Market Sentiment

Cautiously Bullish, Event-driven.

Reason: Ripple's strategic investments in Zilo and Licuido support a positive read on XRPL infrastructure, but the effect remains company-specific.

Similar Past Cases

This type of strategic infrastructure investment typically supports ecosystem credibility before it changes liquidity conditions. The difference is that collateral use depends on institutional adoption of tokenized fund workflows, not only on Ripple's investment.

Ripple Effect

Collateral mobility could improve if tokenized fund issuance connects directly with custody and settlement workflows on XRPL. If institutional users do not move collateral activity onto XRPL, the impact may remain contained within Ripple's partner network.

Opportunities & Risks

Opportunities: Investors can monitor whether Zilo and Licuido convert the investments into live collateral workflows on XRPL.

Risks: If financial terms and rollout details remain undisclosed, the market may treat the announcement as strategic positioning rather than near-term network activity.