Ripple Invests in Zilo, Licuido in Tokenized Capital Markets Push

Ripple’s Monica Long says bank pilots are going live

Ripple President Monica Long says banks are moving tokenized funds into production as ZILO and Licuido expand XRPL’s institutional stack.

Ripple Invests in Zilo, Licuido in Tokenized Capital Markets Push

Ripple made a strategic investment in Zilo and Licuido to enable the use of tokenized funds as collateral assets from the point of issuance.

Ripple Buys The Plumbing: This Time It’s Transfer Agents

Tokenization is only the starting point. The real money is in what you can do with it once it’s live. Continue reading at DailyCoin.

Ripple backs ZILO & Licuido in tokenised funds push

Institutional investors may gain faster settlement and better collateral use as Ripple expands its XRP Ledger push beyond payments into fund infrastructure.

Ripple (XRP) Just Made Another Big Move

Ripple’s latest investment activity is adding to the growing discussion about its long-term strategy in traditional finance. Crypto pundit John Squire said in a tweet that the company’s recent investment in ZILO, a financial technology company working with major financial institutions, including Citi and State Street. He suggested that Ripple’s expanding network of institutional relationships continues to weaken the long-standing belief from Bit…

Ripple Backs ZILO and Licuido as XRP Ledger Hits $4.06 Billion in Tracked Assets

Ripple moved fast. On August 3, the company announced investments in two firms — ZILO and Licuido — both aimed… Read the original on Ripple Backs ZILO and Licuido as XRP Ledger Hits $4.06 Billion in Tracked Assets. For more crypto news and analysis, visit TheCurrencyAnalytics.com.