A new move came from Ripple, which won its legal battle with the SEC and continues to develop.
Accordingly, Ripple has offered institutional investors a new way to gain instant access to cryptocurrencies.
At this point, tokenization platform Securitize has partnered with Ripple to provide the RLUSD swap route for funds tokenized by BlackRock and VanEck.
Under this partnership, Ripple and Securitize announced the launch of a smart contract that allows holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to exchange their tokenized shares for the Ripple USD (RLUSD) stablecoin.
This partnership offers investors who own shares in these funds the opportunity to exchange their shares for RLUSD whenever they want.
This smart contract allows BUIDL and VBILL investors to instantly exchange their shares for RLUSD at any time, enabling additional on-chain transfers.
Jack McDonald, Ripple’s senior vice president of stablecoins, said: “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge the gap between traditional finance and cryptocurrency. RLUSD is geared towards institutional use and offers regulatory clarity, stability, and real utility. As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and institutional-grade use cases.”
Ripple CEO Brad Garlinghouse also announced this partnership on his X account. Garlinghouse emphasized that this partnership is a significant development in the wider adoption of blockchain in financial services.
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.…
— Brad Garlinghouse (@bgarlinghouse) September 23, 2025
*This is not investment advice.
