Ripple’s Monica Long Declares XRP Ledger ‘Ready for Prime Time’ After Major Milestone

TL;DR:

• Ripple announced strategic investments in ZILO and Liquido to optimize regulated issuance and digital collateral mobility.
• The firm maintains that financial institutions have moved beyond the pilot testing phase to operate tokenized assets on live production networks.
• The integrated technology aims to enable the development of global capital markets with continuous 24/7 liquidity and settlement.

The XRP Ledger ecosystem has reached the necessary technical maturity to support live institutional financial operations, according to Ripple President Monica Long. The executive noted that the banking industry has left purely experimental phases behind to integrate money market funds and bonds directly into blockchain infrastructures.

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

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