Finbold
2025-09-24 12:42:49

Ripple to be integrated into tokenized money-market funds from BlackRock

BlackRock’s $2 billion Institutional Digital Liquidity Fund (BUIDL) is expanding onto the XRP Ledger (XRPL). Ripple and tokenization platform Securitize have been named as the key partners driving the integration, which is to be executed through a new RLUSD smart contract. The timing of the expansion is significant, coming just as XRPL has reached a new milestone of more than 5.6 million accounts. With the new smart contract, BUIDL investors can directly swap tokenized shares for RLUSD at any time. Also integrated with VanEck’s tokenized money-market fund, the stablecoin is backed 1:1 with liquid reserves and issued under a New York Department of Financial Services (DFS) trust charter. How do you unlock real-time liquidity for institutional assets? With $RLUSD . https://t.co/2TvkEmSKTk Our new partnership with @Securitize will allow holders of @BlackRock 's $BUIDL and @VanEck_US 's $VBILL to instantly exchange their shares for $RLUSD , thereby preserving exposure… — Ripple (@Ripple) September 23, 2025 Institutional RLUSD adoption Launched in late 2024, RLUSD has grown to over $700 million in market cap, and is now used by DBS and Franklin Templeton as an exchange mechanism. Last week we announced DBS and Franklin Templeton using $RLUSD as a liquid, stable and compliant exchange mechanism for tokenized assets in lending and trading use cases. This week, @Securitize added RLUSD as a new offramp for BlackRock and VanEck’s tokenized funds. 📈 https://t.co/3p3CULv15z — Monica Long (@MonicaLongSF) September 23, 2025 The new integration with BlackRock and VanEck marks the cryptocurrency’s first move onto Securitize’s infrastructure, which will, in turn, give it exposure to partnerships with other asset managers, including Apollo and Hamilton Lane. By bridging tokenized funds with a new enterprise-grade stablecoin, the integration thus aims to expand on-chain liquidity and institutional utility. “RLUSD is for institutional use, offering regulatory clarity, stability, and real utility. As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases,” said Jack McDonald, SVP of Stablecoins at Ripple. Commenting on the developments, Ripple has issued a statement, announcing that additional use cases are also set to come in the future, including plans to expand onto more decentralized finance (DeFi) applications. At the same time, Carlos Domingo, Co-Founder and CEO of Securitize, further emphasized Ripple’s role in automating liquidity for tokenized assets. Featured image via Shutterstock The post Ripple to be integrated into tokenized money-market funds from BlackRock appeared first on Finbold .

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约