Free Newsletter Get the hottest Fintech Singapore News once a month in your InboxRipple has invested in ZILO and Licuido to expand its infrastructure for tokenised capital markets. ZILO provides transfer agency and fund administration technology that supports digital record-keeping and tokenised share classes. Licuido operates a tokenisation and trading platform for issuing, distributing and trading traditional financial assets in digital form. “Our partnerships with Aviva Investors, Franklin Templeton and DBS demonstrate how asset managers are focused on deploying tokenised fund structures at scale. 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.