Ripple's RLUSD Integrates with BlackRock & VanEck Tokenized Funds
Ripple's RLUSD Integrates with BlackRock & VanEck Tokenized Funds
Ripple has recently announced a pivotal partnership that positions its stablecoin, RLUSD, at the forefront of tokenized finance, directly involving financial titans BlackRock and VanEck. This landmark announcement, shared across Ripple’s official channels, establishes a direct link between Ripple and tokenized versions of significant institutional funds. It sets a crucial precedent for deeper integration between the XRP Ledger (XRPL) and some of the most influential names in global asset management, signaling a new era where traditional finance and blockchain technology converge. Ripple and Securitize Forge Strategic Alliance In a move that has garnered considerable attention, Ripple confirmed its collaboration with Securitize, recognized as the world’s largest tokenization platform. The essence of this partnership is to inject real-time liquidity into institutional assets backed by BlackRock and VanEck. This innovative arrangement means that holders of BlackRock’s $BUIDL fund and VanEc…