XRP News: Ripple Labs Invests in ZILO and Licuido To Expand Tokenized Finance

Key Insights:

• XRP news as Ripple Labs invests in ZILO and Licuido to expand tokenized finance on the XRP Ledger.
• XRP price reaches its most oversold monthly level in 13 years, according to Cryptollica.
• Ripple Labs investment and fresh market views renew focus on XRP’s role in cross-border payments.

XRP news is drawing attention after Ripple Labs invested in ZILO and Licuido to support tokenized financial assets on the XRP Ledger. The move comes as XRP price reaches its most oversold level in 13 years, while fresh comments have also renewed debate about XRP’s place in cross-border payments.

Ripple Labs Backs ZILO and Licuido

Ripple Labs has invested in ZILO and Licuido as part of its work to bring more financial assets onto the XRP Ledger. The companies build tools that help financial firms issue and manage tokenized assets. Per the XRP news, the investment aims to make it easier for asset managers and transfer agents to work with digital fund shares without creating additional work or risk.

ZILO said the funding will help it improve the way institutions issue and manage tokenized share classes. Founder and Chief Executive Officer Phil Goffin said many firms are now moving fund structures onchain and need systems that fit into their existing operations. He added that Ripple’s support will help ZILO deliver those services.

Licuido is working on another part of the process. Its platform handles the issuance, distribution, and movement of tokenized financial assets. It also allows those assets to be used as digital collateral through onchain settlement.

Chief Executive Officer and Co-Founder Brian Lynch said tokenization alone is not enough. He said financial institutions also need a way to put those assets to use. According to him, Ripple’s investment will help Licuido grow its infrastructure and expand its collateral marketplace on the XRP Ledger.

This follows Ripple Labs’ earlier announcement that it is working with Aviva Investors on tokenized fund structures. Ripple is helping develop the token standard, while ZILO and Licuido are building services around issuance, distribution, custody, and other parts of the process.

XRP news shows that the XRP Ledger offers fast settlement, low fees, security, and compliance tools that suit large financial institutions. The network has processed more than four billion transactions since 2012, supports more than seven million active wallets, and is run by 120 independent validators.

XRP Price Hits a 13-Year Low in Momentum

Another part of the latest XRP news is the recent market reading shared by crypto analyst Cryptollica. The market analyst said XRP price has reached its most oversold monthly level in 13 years. According to the post, the market has never reached this point in 2014, 2018, 2020, or during the 2022 market decline.

Cryptollica described the current setup as the deepest structural reset in XRP’s history. The analyst also noted that XRP is testing its long-term rising support while monthly momentum has fallen to a record low.

The post did not predict where the market will move next. Instead, it asked what could happen if such a deeply oversold market meets long-term support. That view has added to discussions among traders watching the XRP price.

Debate Continues Over XRP’s Role

Market analyst EGRAG CRYPTO also shared his thoughts on how XRP could be used in the future. He said XRP does not need to become a reserve currency or replace the Japanese yen. He also said Japan would not need to keep its national savings in XRP.

Instead, he believes XRP works best as a bridge asset during payments. Under that model, money moves into XRP, passes through the network, and leaves XRP after the payment is completed. Since the process can take only a few seconds, the exposure to price changes is much lower than holding the asset for a long time.

Those comments add another angle to XRP news as Ripple Labs continues to build around tokenized finance. At the same time, investors are watching XRP price and following how the company’s latest investments may support wider use of the XRP Ledger in financial markets.

Note: This XRP news is for informational purposes only and not financial advice. Cryptocurrency investments involve risk. Consult a licensed financial advisor before making investment decisions.

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