Ripple and Securitize Bring RLUSD to BlackRock and VanEck Tokenized Funds

Ripple has partnered with Securitize to bring RLUSD to its tokenization platform for the first time, allowing investors in BlackRock’s BUIDL and VanEck’s VBILL to convert their shares into RLUSD. 

BlackRock launched BUIDL and VanEck introduced VBILL as short-term tokenized treasury funds, making them among the first major asset manager products on public blockchains. Ripple already supports BUIDL, and VBILL will launch soon.

The integration will provide investors with quick access to their funds through real-time settlement, eliminating the need to wait for the standard redemption process to be completed.

Matthew Sigel, Head of Digital Assets Research, noted that the VBILL fund manages  $74 million and now allows investors to create and redeem RLUSD on Ethereum, with plans to expand support for Solana, Avalanche, and BNB soon.

The move is part of Ripple’s wider plan for tokenization and stablecoin use. It also strengthens the link between traditional finance and digital assets by giving institutions a trusted way for investors to convert funds into RLUSD.

RLUSD Expands as Regulated Stablecoin for Institutional   Finance 

Jack McDonald, Ripple’s Senior Vice President of Stablecoins, explained that RLUSD targets large companies, keeps a steady value, has full backing from U.S. dollar assets, and operates under a New York license to show it is well-regulated and trustworthy.

Since its launch, RLUSD has expanded across decentralized finance platforms, Ripple’s cross-border payment system, and tokenized fund markets, reaching over $700 million in market capitalization. 

According to Carlos Domingo, the CEO of Securitize, the partnership will allow instant transactions and flexible liquidity for regulated on-chain investments, highlighting blockchain’s potential to serve institutional investors.

With backing from partnerships like DBS and Franklin Templeton, Ripple aims to boost the use of regulated stablecoins and expand broader blockchain adoption among global financial institutions.