Ripple has announced investments in two companies, ZILO and Licuido, aimed at building out regulated financial infrastructure on the XRP Ledger. The investments target three specific capabilities: regulated transfer services, asset issuance, and collateral management.
What ZILO and Licuido are building
Neither ZILO nor Licuido have previously been reported in any major crypto or blockchain news outlets prior to this announcement.
The focus areas, regulated transfer, issuance, and collateral services, tell a coherent story. Transfer services handle the movement of tokenized assets in a way that satisfies regulators. Issuance covers the creation of new digital assets on-chain. And collateral services let those assets be used as backing in lending, trading, and other DeFi-adjacent activities.
The XRP Ledger has supported token issuance and transfer functionality since its early days.
