Ripple invests on ZILO and Licuido
03 August 2026 UK
Image: RareStock/stock.adobe.com
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’s transfer agency and fund administration technology provides asset managers, custodians, and transfer agents with modern, digital record-keeping that supports tokenised share classes as funds move onchain, giving institutions the regulated record they need to run lending and collateral markets with confidence.
Licuido’s platform gives traditional financial assets, including fund shares, the same portability and utility already available to other asset classes.
It manages the issuance, distribution, and execution of these assets, so they can move freely as digital collateral through onchain atomic settlement infrastructure.
Nigel Khakoo, senior vice president of Trading and Markets at Ripple, says: “Tokenisation of assets is only the starting point: the real value lies in what can be done with a token, including buying, selling, and settling trades instantly, or using it as collateral to borrow, lend, or post margin.
“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. This is just the beginning of the journey and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade."
Phil Goffin, founder and CEO at ZILO, adds: “As fund structures move onchain, transfer agents and asset managers need infrastructure that can handle tokenised share classes without adding operational risk.
“Ripple’s investment enables us to accelerate that work by bringing digital market utility and efficiency directly into our platform for the institutions we serve.”
Brian Lynch, CEO and co-founder at Licuido, comments: “Tokenisation, by itself, only solves part of the challenge of unlocking liquidity. Licuido’s platform allows clients to take the next step by delivering issuance, distribution, and utility, within a controlled, confidential, and regulated digital capital markets platform.
“Ripple’s backing helps us to scale that infrastructure and our collateral marketplace, on the XRPL, helping institutions turn assets that have sat idle on their balance sheets into liquidity they can actually use.”
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’s transfer agency and fund administration technology provides asset managers, custodians, and transfer agents with modern, digital record-keeping that supports tokenised share classes as funds move onchain, giving institutions the regulated record they need to run lending and collateral markets with confidence.
Licuido’s platform gives traditional financial assets, including fund shares, the same portability and utility already available to other asset classes.
It manages the issuance, distribution, and execution of these assets, so they can move freely as digital collateral through onchain atomic settlement infrastructure.
Nigel Khakoo, senior vice president of Trading and Markets at Ripple, says: “Tokenisation of assets is only the starting point: the real value lies in what can be done with a token, including buying, selling, and settling trades instantly, or using it as collateral to borrow, lend, or post margin.
“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. This is just the beginning of the journey and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade."
Phil Goffin, founder and CEO at ZILO, adds: “As fund structures move onchain, transfer agents and asset managers need infrastructure that can handle tokenised share classes without adding operational risk.
“Ripple’s investment enables us to accelerate that work by bringing digital market utility and efficiency directly into our platform for the institutions we serve.”
Brian Lynch, CEO and co-founder at Licuido, comments: “Tokenisation, by itself, only solves part of the challenge of unlocking liquidity. Licuido’s platform allows clients to take the next step by delivering issuance, distribution, and utility, within a controlled, confidential, and regulated digital capital markets platform.
“Ripple’s backing helps us to scale that infrastructure and our collateral marketplace, on the XRPL, helping institutions turn assets that have sat idle on their balance sheets into liquidity they can actually use.”
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