[DigitalToday reporter Yoonseo Lee] Ripple is moving to expand tokenisation infrastructure for institutions targeting the XRP Ledger (XRPL).

On Aug. 4, blockchain outlet The Crypto Basic reported that Ripple said it invested in digital transfer-agent technology firm ZILO and tokenisation and digital asset trading platform Liquido.

The investment is aimed at broadening the foundation for institutions to handle everything on XRPL, from issuing and holding tokenised assets to transferring them and using them as collateral. Ripple said it will add regulated transfer-agency, digital issuance and collateral mobility features to its institutional infrastructure.

Ripple President Monica Long (모니카 롱) said institutional capital markets are rapidly moving on-chain and that the shift to XRPL is accelerating. She said: "In the last year, we’ve seen the veritable light switch flip – from bank pilots to production, from issuing tokenized assets like money market funds and liquidity funds to using them."

Ripple also cited a recent tokenisation on XRPL of a U.S. dollar liquidity fund run by UK asset manager Aviva Investors. The company views it as a sign that institutions are ready to adopt blockchain-based financial infrastructure in practice.

The core of its institutional strategy is not limited to simply issuing tokens. Ripple said its platform combines issuance, custody, collateral management, multi-currency investment and atomic settlement, and uses the RLUSD stablecoin as a regulated cash settlement instrument in a delivery-versus-payment (DVP) structure.

Nigel Kaku (나이절 카쿠), senior vice president and head of Ripple Trading and Markets, also stressed that tokenisation alone will not change capital markets. He said: "The real value is in what you can do with tokens," adding that it is important to be able to trade and settle immediately, or use them as collateral for borrowing, lending and margin deposits.

Ripple said it confirmed institutional demand for tokenised fund structures through work with Aviva Investors, Franklin Templeton and DBS. Kaku said ZILO and Liquido provide the regulated infrastructure needed to expand issuance, transfer-agency services and collateral mobility.

Each investee also highlighted institutional demand. Phil Goffin (필 고핀), founder and CEO of ZILO, said transfer agents and asset managers need infrastructure that can support various tokenised equities without increasing operational risk. Brian Lynch (브라이언 린치), CEO of Liquido, said tokenisation only solves part of liquidity problems, and that his platform supports issuance, distribution and collateral use within a regulated environment to make previously idle assets productive.

Ripple said the investment is an extension of its strategy to bring traditional financial assets with real-world utility onto XRPL. The company cited XRPL’s fast settlement, predictable transaction costs, low energy use and compliance features as strengths for large-scale institutional tokenised fund issuance and operations. As a result, XRPL competitiveness has come to depend not on token issuance itself but on how well it can provide a full operating system that includes distribution, settlement and collateral use after issuance.

In the last year, we’ve seen the veritable light switch flip – from bank pilots to production, from issuing tokenized assets like money market funds and liquidity funds to using them! Institutional capital markets are moving in one direction -- onchain 24/7. At Ripple, our goal… https://t.co/DPhbEBY3Dr