Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?

Ripple has bought stakes in two small UK companies, ZILO and Licuido. Both add pieces the XRP Ledger (XRPL) needs before big funds will use it.

Ripple did not say what it paid. The deals land five days after Aviva Investors put a fund on XRPL as a token.

What Ripple Bought With the ZILO and Licuido Investment

ZILO is a London firm started in 2020. It sells software that tracks who owns what inside a fund. That record is the fund's official register. That register matters. No bank lends against a fund token unless it trusts the ownership record.

ZILO's client list says a lot. State Street picked ZILO to run its UK fund register business, then invested in the company. Citi and Fidelity International use it too. Ripple is now a shareholder alongside a global custody bank.

Licuido handles the next step. It turns fund shares into tokens on XRPL. It also runs a marketplace. There, a fund can borrow cash against its tokens instead of selling them.

One detail is worth flagging. Licuido Markets is not licensed by the UK Financial Conduct Authority (FCA) itself. It works under the license of another firm, Sapeno Partners LLP.

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