neutral
impact
·Regulatory
Ripple Invests in Zilo and Licuido for Tokenized Capital Markets
Ripple expands its tokenized capital markets capabilities with strategic investments.
XSXRPSync Desk
This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.
Ripple has made strategic investments in two companies, Zilo and Licuido, to further develop tokenized capital markets. This move aligns with Ripple's ongoing efforts to expand the use of XRP Ledger infrastructure. The investment is expected to deepen Ripple's presence in this emerging space. The impact on XRP/RLUSD prices remains uncertain at this time. As XRPSync data shows, the 24-hour on-ledger volume for XRP was 1,232,963 XRP, with a price of 1.0631 RLUSD and a 24-hour change of -1.05%.
Sources
CO Cointelegraphcointelegraph.com YA Yahoo Finance
finance.yahoo.com TH The Block
www.theblock.co CR Cryptonews
cryptonews.com UT U.Today
u.today
XRPSync is independent and not affiliated with Ripple Labs, Inc. · Not financial advice.