BlackRock, VanEck Tokenized Funds Add Ripple Stablecoin as Liquidity Option
What the Integration Means
Ripple and tokenization platform Securitize have partnered to integrate Ripple’s U.S. dollar stablecoin RLUSD as an off-ramp for tokenized funds issued by BlackRock and VanEck. The integration enables investors in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to platform their tokenized shares for RLUSD instantly through a smart contract, providing new flexibility for onchain transfers and liquidity.
“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 in the announcement. Ripple executives framed the move as a bridge between traditional finance and digital assets, reinforcing institutional adoption of real-world asset (RWA) tokenization.
Investor Takeaway
RLUSD: Built for Institutional Use
Ripple launched RLUSD in ahead 2025 with a focus on institutional adoption. The in Dubai for use in the Land Department’s real estate tokenization program, signaling its utility beyond pure crypto markets. Ripple’s head of stablecoins, Jack McDonald, described RLUSD as offering “regulatory clarity, stability, and real utility.”
“Making RLUSD available as an platform option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” McDonald said. The move underscores Ripple’s ambition to challenge Circle’s USDC as the dominant enterprise-grade stablecoin for tokenization and settlement.
Securitize’s Expanding RWA Ecosystem
The integration comes as tokenized real-world assets (RWAs) on Securitize have accumulated to about $4 billion, according to company data. in March 2024, was the firm’s first tokenized fund, allowing qualified investors to subscribe and earn yield directly onchain. Within a year, BUIDL surpassed $1 billion in assets under management, marking a milestone for tokenized funds in traditional asset management.
VanEck followed in May 2025 with VBILL, a fund initially launched on Avalanche, BNB Chain, ETH, and Solana. VBILL gives investors exposure to tokenized Treasury-backed assets and currently supports Circle’s USDC and fiat U.S. dollars for fees and returns. The addition of RLUSD creates another option for off-ramping and enhances settlement flexibility for investors.
Investor Takeaway
Why It Matters for the RWA Market
one of the quickest-growing segments in digital finance, with total RWAs onchain reaching $30.3 billion as of 2025, according to RWA.xyz. BlackRock and VanEck’s tokenized funds are viewn as bellwethers for institutional adoption, and adding RLUSD into the mix highlights the growing role of regulated stablecoins in bridging traditional and digital markets.
The integration could intensify competition among stablecoins for RWA settlement flows. While USDC has long been the default for regulated tokenization projects, Ripple’s move demonstrates that RLUSD can carve out a niche by securing partnerships with blue-chip asset managers and infrastructure providers like Securitize. Analysts note that successful integrations of this kind could accelerate institutional confidence in tokenized products and boost overall stablecoin demand.
