Ripple announced strategic investments in Zilo and Licuido

On 3 August, Ripple announced a strategic investment in ZILO and Licuido and stated that these transactions would introduce regulated transfer agents, securities issues and collateral mobility for its XRP Ledger-based infrastructure. ZILLO is the back-office technologist, from the Heritage Foundation service track, which resolves the right to register in a currency fund; and Licuido, a FCA-licensed trading platform, which originates in the investment bank ' s securities finance business and is responsible for the issuance of currency assets, mortgages and liquidity transactions。