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Ripple Powers Offramp For BlackRock, VanEck Tokenized Fund

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Ripple has added another institutional rail to its stablecoin strategy: through an integration with Securitize, holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s VBILL tokenized US Treasuries can now redeem fund shares for Ripple USD (RLUSD) around the clock—initially on Ethereum, with support for the XRP Ledger (XRPL) in the pipeline.

BlackRock And VanEck Turn To Ripple’s RLUSD

In a press release dated September 23, Ripple and Securitize said a new smart-contract flow “would allow holders of BlackRock’s BUIDL and VanEck’s VBILL to exchange their shares … for Ripple USD (RLUSD),” describing the mechanism as “an additional stablecoin off ramp for BUIDL and VBILL tokenized short term treasury funds.” The companies emphasized continuous availability—“24/7”—and framed the upgrade as programmable liquidity for compliant, on-chain investment products. Securitize also confirmed it is integrating with the XRP Ledger “to expand access and bring new utility to the XRPL ecosystem.”

Jack McDonald, Ripple’s SVP of Stablecoins, positioned the move as a bridge between tokenized funds and transactional money: “RLUSD is for institutional use, offering regulatory clarity, stability, and real utility. As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases.” On X, McDonald distilled the news for market participants: “RLUSD is now a key stablecoin offramp for BlackRock’s BUIDL and VanEck’s VBILL tokenized fund holders. The integration is starting with ETH, though Securitize is planning to integrate with the XRP Ledger.”

Ripple President Monica Long linked the Securitize integration to a broader RLUSD tokenization push announced the prior week with DBS and Franklin Templeton, where RLUSD serves as a “liquid, stable and compliant exchange mechanism for tokenized assets in lending and trading use cases.” “This week, Securitize added RLUSD as a new offramp for BlackRock and VanEck’s tokenized funds,” she noted.

Ripple CEO Brad Garlinghouse underscored the 24/7 redemption promise and the XRPL roadmap: “Very excited to share that BlackRock’s BUIDL and @VanEck_US’s VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through Securitize, and soon to come RLUSD/XRPL. Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility.”

The companies framed the design as explicitly regulatory-first. Ripple said RLUSD is issued under a New York Department of Financial Services (NYDFS) trust charter, with “1:1 USD backing by high-quality liquid assets, strict reserve management and asset segregation, third-party attestations and clear redemption rights.” Ripple added that since launch in late 2024, RLUSD has integrated into DeFi and cross-border payment flows and surpassed $700 million in market capitalization.

For tokenized funds, the off-ramp matters because it stitches together yield-bearing on-chain treasuries with settlement-grade stablecoin liquidity. BlackRock’s BUIDL and VanEck’s VBILL are tokenized short-term US Treasury strategies issued through Securitize on public blockchains; the new workflow lets qualified holders convert fund shares into RLUSD without banking hours friction, potentially improving collateral mobility for trading, lending, repo and treasury operations.

Ripple Puts New Focus On Tokenization

The development also follows Ripple’s tie-up with DBS and Franklin Templeton, which is listing Franklin’s sgBENJI token on the DBS Digital Exchange alongside RLUSD to enable swapping between the tokenized fund and the stablecoin, and to explore using tokenized fund units as repo collateral—an example of how banks envisage tokenization rails meeting institutional liquidity needs.

While the initial redemption path is live on Ethereum via Securitize, both firms signaled that XRPL integration is next, aligning with Ripple’s push to make RLUSD natively useful across multiple venues. If executed, XRPL support would extend the same institutional redemption mechanics to a different settlement environment—one that Ripple and parts of the treasury-tokenization market already touch via custody, payments, and prior Franklin Templeton XRPL issuance plans.

Notably, BlackRock will be represented at Ripple Swell 2025 in New York on November 4–5 at Convene Hudson Yards. Maxwell Stein, BlackRock’s Director of Digital Assets, is slated to speak in a session titled “The Impact of Tokenized Financial Assets on Capital Markets,” alongside Rory Callagy of Moody’s.

At press time, XRP traded at $2.88.

XRP price, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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Ripple
NFT Gaming

Ripple’s Technology Powers New Deal With DBS Bank And Franklin Templeton

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Singapore-based DBS Group has forged a strategic partnership with US asset manager and crypto exchange-traded fund (ETF) issuer Franklin Templeton, alongside Ripple, to enhance trading and lending services for accredited and institutional investors.

In a press release issued on Thursday, Ripple announced that the collaboration would utilize tokenized money market funds (TMMFs) and the blockchain payment firm’s stablecoin, RLUSD, to provide new financial solutions.

DBS Explores Liquidity Solutions With sgBENJI Tokens

Under this agreement, DBS Group, Singapore’s largest lender, will list Franklin Templeton’s sgBENJI token, which represents the asset manager’s tokenized US dollar money market fund, on the DBS Digital Exchange. 

This partnership marks a new milestone in the maturation of the digital asset ecosystem, which has been garnering increased interest from institutional investors—87% of whom are expected to invest in digital assets by 2025.

For context, crypto MMFs, or tokenized money market funds, are blockchain-based digital versions of traditional MMMFs that offer investors high liquidity, low-risk, short-term yield and ability to manage cash more efficiently. 

The collaboration aims to enable clients to manage their digital asset portfolios more effectively, particularly in response to the increased volatility seen in the broader digital asset industry over the past couple of months. 

By listing sgBENJI alongside RLUSD on the DBS Digital Exchange, eligible clients can quickly trade RLUSD for sgBENJI tokens. This allows for portfolio rebalancing into a more stable asset within minutes and around the clock.

Looking ahead, DBS plans to explore further liquidity options for clients by using sgBENJI tokens as collateral. This could involve facilitating credit through repurchase transactions (repo) or collaborating with third-party platforms, with DBS acting as a trusted agent holding the collateral. 

Ripple’s XRP Ledger Chosen For sgBENJI Tokenization

To enhance the tokenization ecosystem, Franklin Templeton will utilize the XRP Ledger (XRPL), designed for low-cost global financial transactions, for tokenizing sgBENJI. 

Per the announcement, the choice of Ripple’s blockchain is driven by its speed, efficiency, and low transaction costs, making it an ideal platform for managing high-volume, low-latency assets like tokenized money market funds. 

Lim Wee Kian, CEO of DBS Digital Exchange, emphasized the need for solutions that cater to the demands of a continuously evolving digital asset landscape. He stated that this partnership exemplifies how tokenized securities can enhance efficiency and liquidity in global financial markets. 

Roger Bayston, Head of Digital Assets at Franklin Templeton, echoed Kian’s statement on the new partnership, highlighting the potential of blockchain and tokenization in reshaping the financial ecosystem.

Lastly, Nigel Khakoo, VP and Global Head of Trading and Markets at Ripple, noted that this collaboration represents a significant advancement in the utility of tokenized securities. 

He described the partnership as a “game-changer” for investors, who will now be able to seamlessly rebalance their portfolios between stablecoins and yield-generating money market funds within a single, trusted framework.

The daily chart shows XRP’s price recovery. Source: XRPUSDT on TradingView.com

At the time of writing, Ripple’s associated token, XRP, is trading at $3.10, capitalizing on the market’s new uptrend with a 3.2% surge over the last 24 hours. However, the cryptocurrency remains 14% below its all-time high of $3.65. 

Featured image from DALL-E, chart from TradingView.com 

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Avalanche (AVAX)
Crypto Trends

AVAX Surges as Avalanche Powers Stablecoin Payments in Korea and Japan

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Avalanche (AVAX) is steadily expanding its international presence and now operates in Asia, gaining momentum in both Korea and Japan with new stablecoin payment solutions.

The South Korean custodian BDACS recently launched KRW1, the country’s first Korean won–backed stablecoin, fully collateralized with deposits at Woori Bank. The stablecoin is in its pilot phase after a successful proof of concept, putting Avalanche at the forefront of Korea’s digital asset integration.

Similarly, in Japan, Avalanche is collaborating with industry giants such as SMBC, one of the nation’s largest banks, and retail groups like Densan to develop stablecoin-powered payment systems.

AVAX Network Activity and DeFi Boom

The expansion of stablecoin utilities coincides with a surge in network activity on Avalanche. In August alone, decentralized exchange (DEX) volume surpassed $12 billion, marking an eightfold increase in just two months.

Real-world asset (RWA) tokenization on Avalanche has also exceeded $450 million, with institutions like Grove Finance and SkyBridge driving adoption.

DeFi protocols such as UNI, Pharaoh, Benqi, and LFJ are thriving, pushing Avalanche’s total value locked (TVL) above $2 billion. UNI, for example, has posted a 97% gain in the past month, reflecting growing user activity and liquidity across the network.

AVAX’s price trends to the upside on the daily chart. Source: AVAXUSD on Tradingview

Avalanche Price Targets $42 as Institutional Interest Grows

Currently, AVAX is trading near $33, up over 9.4% in the past 24 hours. The token recently broke above a key pivot at $31.05, supported by bullish technical indicators including an RSI of 68.44 and a positive MACD histogram.

Analysts suggest that a decisive breakout above $34.50 could propel AVAX toward its next resistance at $42.

Institutional adoption is also on the horizon. With four AVAX ETF filings awaiting regulatory approval, inflows from traditional finance could act as a major catalyst for price growth.

Combined with Asia’s growing stablecoin market and Avalanche’s thriving DeFi ecosystem, AVAX aims to become a leading Layer-1 blockchain prepared to challenge rivals in the next crypto bull cycle.

Cover image from ChatGPT, AVAXUSD chart from Tradingview

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Blockchain
NFT Gaming

Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy

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According to Bloomberg, Ant Digital Technologies has linked more than 60 billion yuan (about $8.5 billion) of energy infrastructure to its AntChain blockchain platform, in what reports call a major push to turn physical power assets into tradable digital records.

The move ties generators and charging equipment to a blockchain so their output and outages can be recorded in a way that can’t be changed.

Scale And Scope Of The Blockchain Project

Ant’s system already connects about 15 million devices, including wind turbines and solar panels. More than 9,000 charging units are on the ledger as well.

Based on the report, the company has also tied the work to Ant’s Whale blockchain, which handles a share of the more than $1 trillion that Ant’s global payments network processed last year. The scale puts this effort well beyond many pilot programs elsewhere.

A unit of Ant Group is quietly making inroads to link over $8.4 billion worth of energy infrastructure and other real-world power assets to its blockchain, according to sources https://t.co/5jCqXZgnqN

— Bloomberg (@business) September 9, 2025

Ant Has Backed Tokens With Real Assets

The project does more than log data. Tokens have been issued against some of the linked assets, and those tokens were used to raise money.

Financing of roughly 300 million yuan (about $42 million) has been arranged for three clean energy projects under the new setup.

In earlier deals, Ant helped Longshine Technology Group raise 100 million yuan, and later arranged over 200 million yuan by connecting photovoltaic assets to the chain for GCL Energy Technology.

BTCUSD trading at $113,060 on the 24-hour chart: TradingView

Tokenization And Funding Details

Reports explain that these tokens represent slices of ownership or revenue streams from the projects. By offering tokens directly, operators can tap investors without going through traditional loan officers or underwriters.

Jack Ma is a Chinese business magnate and philanthropist, and the co-founder of Alibaba Group, a multinational technology conglomerate. Source: Businessabc

That can speed up capital flows for project developers. Executives are also weighing whether to let the tokens be traded on offshore exchanges to create more liquidity, but those plans hinge on regulators granting permission.

Where It Fits Globally

The initiative joins a broader trend of putting real-world assets on blockchains. Companies like Securitize have worked on equities and bonds, while other teams focus on tokenized Treasuries and fractional property ownership.

Ant’s focus on energy adds a large, infrastructure-heavy example to the list. The technology could make it easier for smaller investors to own a piece of projects that were once accessible only to big institutions.

Featured image from Meta, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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