Tokenization & On-Chain Finance - Ripple and Securitize enable RLUSD for tokenized funds [1] - BlackRock's BUIDL and VanEck's VBILL holders can swap shares for RLUSD 24/7 on-chain [1]

Group 1 - Ripple's RLUSD stablecoin is being integrated into tokenized money-market funds from BlackRock and VanEck, allowing direct redemption into on-chain liquidity [1] - The integration creates a 24/7 stablecoin off-ramp for tokenized treasuries, enhancing liquidity options for investors [1] - RLUSD has surpassed $700 million in circulation since its launch last year, indicating strong market adoption [3] Group 2 - The partnership positions RLUSD as a settlement layer for real-world assets (RWA), expanding its institutional presence [2] - Ripple emphasizes that RLUSD is regulatory-compliant and enterprise-grade, bridging traditional finance and crypto [2] - The Securitize integration prepares RLUSD for deployment on the XRP Ledger, enhancing its usability in decentralized finance (DeFi) [3]

Tokenization & On-Chain Activity - Ripple and Securitize enable RLUSD for tokenized funds, facilitating on-chain transactions [1] - BlackRock's BUIDL and VanEck's VBILL holders can now swap shares for RLUSD 24/7 on-chain [1]

Core Insights - Ripple and Securitize have launched a smart contract allowing holders of BlackRock's BUIDL and VanEck's VBILL tokenized Treasury funds to redeem shares for Ripple USD (RLUSD), creating a regulated off-ramp for institutional investors [1][2] - The USD Institutional Digital Liquidity Fund (BUIDL) launched by BlackRock in March 2024 has exceeded $1 billion in assets within its first year, while VanEck's Treasury Fund (VBILL) is set to follow suit [2] - RLUSD is backed one-to-one by cash and Treasurys, with reserves held by BNY Mellon, and has achieved a market capitalization of over $700 million since its launch in late 2024 [5] Group 1 - The integration of RLUSD on Securitize's platform is framed as its first use, managing over $4 billion in tokenized assets under SEC oversight [4] - Jack McDonald from Ripple stated that the option to redeem shares for RLUSD is a natural progression in merging traditional finance with cryptocurrency [3] - Ripple's partnership with DBS and Franklin Templeton in Singapore aims to enhance asset management with RLUSD and expand access in Africa for remittances and payments [6] Group 2 - Ripple's redemptions for BUIDL are currently live, with VBILL expected to follow shortly [2] - The stablecoin RLUSD has been integrated into Ripple's cross-border payments network and is gaining traction in decentralized finance pools [5] - Ripple plans to launch RLUSD in Japan in 2026 in collaboration with SBI under Financial Services Agency regulations [6]

Partnerships and Integrations - Ripple 与 Securitize 合作，为 BlackRock 的 BUIDL 和 VanEck 的 VBILL 代币化基金启用 RLUSD 智能合约功能 [1][5] - Securitize 将 RLUSD 集成到 XRP Ledger (XRPL) 中，进一步扩大 XRPL 生态系统和 Ripple 企业区块链解决方案的效用 [4] RLUSD Features and Adoption - RLUSD 旨在供机构使用，以 1:1 的比例由高质量的流动资产支持，接受严格的储备管理和第三方证明，确保稳定性和监管清晰度 [3] - RLUSD 自 2024 年底推出以来，在 DeFi 平台、跨境支付和流动性池中的市值已超过 7 亿美元 [3] Tokenized Asset Management - Securitize 管理着超过 40 亿美元的代币化资产，将此次集成视为机构级代币化产品实现可编程流动性和实时结算的突破 [4] - BlackRock 和 VanEck 等领先资产管理公司发行的代币化基金获得了更大的灵活性和合规性，为数字资产经济带来了更多的机构采用 [5] Smart Contract Functionality - 智能合约使 BUIDL 和 VBILL 持有者可以 24/7 全天候将其代币化资产兑换为 RLUSD，从而扩大了对稳定的链上转移和 DeFi 策略的访问 [2] - RLUSD for BUIDL 现已上线，VBILL 支持将在未来几天内推出 [2] Timeline - 该集成于 2025 年 9 月 23 日公布，标志着 RLUSD 首次嵌入 Securitize 的代币化平台 [2]

🚨JUST IN: @RIPPLE PARTNERS WITH SECURITIZE TO ENABLE RLUSD SMART CONTRACT FUNCTIONALITY FOR BLACKROCK'S BUIDL AND VANECK'S VBILL TOKENIZED FUNDS ...

Tokenized Funds Market Growth - The AUM of tokenized funds has increased by over 10x since January 2024 [1] - Tokenized funds AUM grew from approximately $600 million to around $75 billion [1] Industry Perspective - Public blockchains are becoming a preferred platform for asset management compared to traditional methods like Excel [1]

Tokenized Funds AUM Growth - Tokenized funds AUM 自 2024 年 1 月以来增长超过 10 倍 [1] - Tokenized funds AUM 从约 6 亿美元增长到约 75 亿美元 [1] Blockchain Assets - 公共区块链上的资产 > Excel 中的资产 [1]

Tokenized Fund Deployment - Two largest tokenized fund deployments are BlackRock BUIDL and WisdomTreePrime WTGXX [1] - Issuers are listed companies founded in the 1980s [1] - Tokenized funds invest in US T-Bills [1] - Tokens are deployed on Ethereum [1]

Tokenized Fund Deployments - Two largest tokenized fund deployments are BlackRock BUIDL and WisdomTreePrime WTGXX [1] - Issuers are listed companies founded in the 1980s [1] - Tokenized funds invest in US T-Bills [1] - Tokens are deployed on Ethereum [1] Market Outlook - Success of these products represents a "low-risk" playbook for Wall Street [1]