Ripple, Securitize Partner to Enable RLUSD Exchange for BlackRock, VanEck Tokenized Funds
The post Ripple, Securitize Partner to Enable RLUSD Exchange for BlackRock, VanEck Tokenized Funds appeared on BitcoinEthereumNews.com. Key Notes Major asset managers integrate with cryptocurrency infrastructure through Ripple’s dollar-pegged digital currency partnership. BlackRock’s BUIDL fund manages over $2 billion across seven blockchains with 91 institutional holders currently participating. Real-time settlement capabilities promise to automate liquidity for tokenized assets in institutional finance markets. BlackRock BUIDL and VanEck VBILL tokenized funds shareholders will now be allowed to exchange their shares for Ripple’s RLUSD, a US dollar-pegged stablecoin, in a new partnership between Securitize and Ripple. This new feature was announced on September 23 in a press release published on Securitize’s website. Securitize is the company behind BlackRock’s, VanEck’s, and other institutions’ tokenization activities, being a world leader in tokenizing real-world assets with over $4 billion AUM as of May 2025. Initially, the RLUSD exchange will only be available for BlackRock’s BUIDL, with VanEck’s VBILL integration planned for the “coming days.” “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” said Jack McDonald, SVP of Stablecoins at Ripple. Carlos Domingo, co-founder and CEO of Securitize, also commented on the partnership, saying it is “a major step forward in automating liquidity for tokenized assets.” The company is also integrating with the XRP Ledger, going beyond a simple RLUSD exchange feature. “Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products—bringing the full potential of blockchain to institutional finance,” Domingo added. Tokenized Funds: BlackRock’s BUIDL and VanEck’s VBILL BlackRock launched BUIDL in partnership with Securitize on March 20, 2024. The fund offers exposure to qualified investors to US Treasury, cash, and repurchase agreements, currently with over $2 billion AUM among 91 holders, according to data from RWA.xyz. BUIDL is available on seven blockchains: Ethereum ETH $4 167 24h volatility: 0.1%…
The post Ripple, Securitize Partner to Enable RLUSD Exchange for BlackRock, VanEck Tokenized Funds appeared on BitcoinEthereumNews.com.
Key Notes Major asset managers integrate with cryptocurrency infrastructure through Ripple’s dollar-pegged digital currency partnership. BlackRock’s BUIDL fund manages over $2 billion across seven blockchains with 91 institutional holders currently participating. Real-time settlement capabilities promise to automate liquidity for tokenized assets in institutional finance markets. BlackRock BUIDL and VanEck VBILL tokenized funds shareholders will now be allowed to exchange their shares for Ripple’s RLUSD, a US dollar-pegged stablecoin, in a new partnership between Securitize and Ripple. This new feature was announced on September 23 in a press release published on Securitize’s website. Securitize is the company behind BlackRock’s, VanEck’s, and other institutions’ tokenization activities, being a world leader in tokenizing real-world assets with over $4 billion AUM as of May 2025. Initially, the RLUSD exchange will only be available for BlackRock’s BUIDL, with VanEck’s VBILL integration planned for the “coming days.” “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” said Jack McDonald, SVP of Stablecoins at Ripple. Carlos Domingo, co-founder and CEO of Securitize, also commented on the partnership, saying it is “a major step forward in automating liquidity for tokenized assets.” The company is also integrating with the XRP Ledger, going beyond a simple RLUSD exchange feature. “Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products—bringing the full potential of blockchain to institutional finance,” Domingo added. Tokenized Funds: BlackRock’s BUIDL and VanEck’s VBILL BlackRock launched BUIDL in partnership with Securitize on March 20, 2024. The fund offers exposure to qualified investors to US Treasury, cash, and repurchase agreements, currently with over $2 billion AUM among 91 holders, according to data from RWA.xyz. BUIDL is available on seven blockchains: Ethereum ETH $4 167 24h volatility: 0.1%…
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