Ripple President Says Banks Are Moving Tokenized Funds Live

Ripple President Monica Long confirmed that traditional banks are officially shifting their tokenized fund projects into production. This move marks a transition from experimental testing to real world application for financial institutions using the XRP Ledger.

Two major firms, ZILO and Licuido, are currently expanding the institutional tools available on the network. These companies are building the infrastructure needed for banks to move assets efficiently. By using the XRPL stack, these partners aim to modernize how funds are managed and transferred globally.

This development is significant because it shows institutional adoption is gaining ground beyond simple speculation. Investors are watching to see if these live pilots lead to higher transaction volume and increased utility for the network over the coming months.