Live Crypto Markets

HomeCrypto NewsRipple's RLUSD Stablecoin Now Supports Redemptions for BlackRock and VanEck Tokenized Funds...

Ripple’s RLUSD Stablecoin Now Supports Redemptions for BlackRock and VanEck Tokenized Funds via Securitize Partnership

-

In a significant development for real-world asset (RWA) tokenization, Securitize—a leading digital asset securities platform—has announced a strategic partnership with Ripple to integrate its upcoming RLUSD stablecoin as an official off-ramp solution. This integration will facilitate redemptions for high-profile tokenized funds managed by asset management giants BlackRock and VanEck.

The collaboration enables investors in tokenized funds to seamlessly convert their digital holdings into RLUSD, providing enhanced liquidity and flexibility. Securitize, known for its robust infrastructure in compliant digital securities, will leverage Ripple’s stablecoin to streamline exit strategies for institutional and accredited investors. This move signals growing confidence in stablecoins as critical components within the tokenized asset ecosystem.

BlackRock’s USD Institutional Digital Liquidity Fund and VanEck’s tokenized offerings are among the first beneficiaries, reflecting a broader trend of traditional finance embracing blockchain-based solutions. The partnership underscores Ripple’s strategic expansion beyond payments into the burgeoning RWA market, while Securitize strengthens its position as a gateway for institutional-grade digital asset services.

Industry analysts view this integration as a milestone in bridging traditional finance with digital asset liquidity, potentially accelerating adoption of tokenized funds among mainstream investors. Both Ripple and Securitize emphasize regulatory compliance and interoperability as key pillars of the initiative, ensuring alignment with existing financial frameworks.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

OpenAI Surpasses SpaceX as Most Valuable Private Company With $500 Billion Valuation

In a landmark financial development, OpenAI has eclipsed SpaceX to become the world's most valuable privately-held corporation, achieving a staggering $500 billion valuation. This unprecedented...

New York Legislators Propose Increased Taxation on Bitcoin Mining Operations

In a significant policy shift, Democratic lawmakers in New York are advancing proposals to impose higher tax burdens on cryptocurrency mining enterprises. The legislative initiative...

Crypto.com Integrates Morpho Lending Protocol on Cronos for Enhanced Stablecoin Yields

Crypto.com has announced the integration of the Morpho lending protocol into its Cronos ecosystem, marking a significant expansion of decentralized finance (DeFi) offerings for its...

Senator Ted Cruz Opposes Bipartisan Data Protection Legislation Over Law Enforcement Concerns

In a recent legislative session, Senator Ted Cruz (R-TX) blocked the advancement of two bipartisan bills designed to enhance data privacy protections for American citizens....

Most Popular

spot_img