Ripple and the tokenization platform Securitize have integrated the Ripple USD stablecoin as an off-ramp for tokenized funds by major crypto investment firms BlackRock and VanEck.
Ripple and Securitize launched a smart contract allowing 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.
The smart contract allows BUIDL and VBILL investors to instantly exchange their shares for RLUSD at any time, enabling additional onchain transfers.
“Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets,” Securitize co-founder and CEO Carlos Domingo said.
RLUSD built for institutional use
Launched by Ripple in early 2025, the RLUSD stablecoin is designed for enterprise focus and has been accepted by some global authorities for asset tokenization.
In June, the Dubai Financial Services Authority approved RLUSD support in the Dubai Land Department’s real estate tokenization initiative.
Total RWAs onchain are estimated at $30.3 billion. Source: RWA.xyz“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, Ripple’s senior vice president of stablecoins, adding:
RWAs on Securitize accumulate $4 billion
The integration of RLUSD for BlackRock and VanEck’s tokenized funds came as tokenized real-world assets (RWAs) on Securitize accumulated to about $4 billion, according to its website.
BlackRock’s BUIDL was the first tokenized fund issued by the firm in March 2024, allowing qualified investors on Securitize to earn US dollar yield by subscribing to the fund.
In one year after launch, BUIDL surpassed $1 billion in assets under management, marking a significant milestone in the growth of the tokenization ecosystem.
VanEck’s VBILL fund launched in May 2025, offering investors exposure to tokenized US Treasury-backed assets, initially available on Avalanche, BNB Chain, Ethereum and Solana blockchains.
VanEck’s Treasury Fund (VBILL) details on Securitize. Source: SecuritizeAccording to the Securitize website, VBILL currently supports Circle’s USDC (USDC) stablecoin and the US dollar for payments of fees and returns.
Cointelegraph approached Securitize for comment regarding other supported off-ramps for the funds, but had not received a response by publication.
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Source: https://cointelegraph.com/news/rlusd-off-ramp-blackrock-vaneck-tokenized-funds-securitize?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
