BlackRock & Ripple: Tokenizing Institutional Finance

As the world’s largest asset manager, BlackRock leads the transformation of traditional finance through innovation and scale—managing $12.5 trillion in assets globally as of 2025.

Ripple, a pioneer in blockchain infrastructure, is breaking new ground by enabling real-world asset tokenization on its XRP Ledger.

Bridge-Building Through OUSG

In June 2025, Ripple, via Ondo Finance, launched the OUSG fund—a tokenized U.S. Treasuries fund—on the XRP Ledger. This initiative delivers 24/7 institutional access to secure, low-risk treasury instruments, backed by BlackRock’s BUIDL fund—a $3 billion tokenized money-market fund. Ripple provides the blockchain infrastructure, while BlackRock supplies liquidity and capital support.

This collaboration embodies a powerful alignment:

• Ripple delivers on-chain settlement, pervasive accessibility, and stablecoin-enabled minting (via RLUSD).

• BlackRock brings its institutional-grade backing, deep liquidity, and tokenization experience.

What This Means for Our Clients

By linking Ripple’s XRP Ledger infrastructure with BlackRock’s capital and tokenization strategy, this initiative:

• Offers institutional-grade exposure to tokenized government securities.

• Bridges DeFi and traditional finance—expanding investment opportunities.

• Demonstrates both companies’ commitment to scaling tokenized assets.