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Ripple invests on ZILO and Licuido
['Asset Servicing Times', 'Reporter', 'Zarah Choudhary', 'Tahlia Kraefft', 'Matthew Challis']
Asset Servcing Times | rss daily news feed
Ripple, a provider of blockchain-based enterprise solutions across traditional and digital finance, has made strategic investments in ZILO — which specialises in global transfer agency asset technology solutions — and Licuido — a tokenisation solution and FCA-regulated trading platform.
Ripple’s investments in ZILO and Licuido build on existing partnerships between the companies.
Together, these deals aim at bringing regulated transfer agency, issuance, and collateral mobility to Ripple’s infrastructure on the XRP Ledger (XRPL).
“ZILO and Licuido provide core capabilities that are essential to further scaling this shift: regulated digital transfer agency infrastructure and liquidity for issuance and collateral mobility.
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