Ripple, Securitize Bring RLUSD to BlackRock and VanEck Funds
The post Ripple, Securitize Bring RLUSD to BlackRock and VanEck Funds appeared on BitcoinEthereumNews.com.
Ripple and Securitize have partnered to bring Ripple USD (RLUSD) to two of the largest tokenized funds in the market. Holders of BlackRock’s BUIDL and VanEck’s VBILL can now instantly redeem their shares for RLUSD, allowing access to their funds at any time of the day. Ripple’s RLUSD Integration Gives Tokenized Fund Holders Easy Access to Fiat According to a company blog post, this integration marks the first time RLUSD has been added to Securitize’s tokenization platform. Investors holding tokenized shares in these funds are now able to switch into RLUSD whenever they choose. Thus, they enjoy flexibility and real-time settlement without waiting for traditional redemption processes. Ripple confirmed that support for BUIDL is already live, while VBILL will follow in the coming days. BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, and VanEck’s Treasury Fund, named VBILL, are both tokenized short-term treasury funds. They are among the first products from major asset managers to be issued directly on public blockchains. With this move, the link between traditional finance and digital assets is strengthened. It gives institutions another trusted and direct way for investors to switch their fund shares into RLUSD stablecoins. The move is part of a broader strategy for tokenization and stablecoins within the Ripple ecosystem, as seen in the XRPL DeFi roadmap. Matthew Sigel, Head of Digital Assets Research at VanEck, said VBILL manages $74 million in assets. He explained that the fund is now expanding to let investors mint and redeem RLUSD on Ethereum. He also hinted that support across other networks like Solana, Avalanche, and BNB is in the pipeline. Ripple, Securitize Executives Hail RLUSD as a ‘Breakthrough’ for Institutional Tokenized Finance According to Jack McDonald, Senior Vice President of Stablecoins at Ripple this move represents the next logical step for RLUSD. He clarified…
Filed under: News - @ September 23, 2025 3:25 pm