The XRP Ledger is positioning itself for institutional credit markets after ORQO Group introduced a compliant Single Asset Vault through its fintech lending platform, Soil.
Launched on Feb. 9, the structure is designed to centralise institutional capital on-chain, automate loan lifecycle tracking and reduce operational fragmentation across banks, custodians and internal systems.
“We are on the verge of Web3 supporting real, high volume institutional workflows, not just technical primitives,”
Said Soil Chief Executive Officer, Nick Motz.
Motz added:
“By recording loan activity directly on-ledger while maintaining off-chain underwriting and risk controls, we are significantly reducing operational overhead and safeguarding institutional standards.”
The vault enables institutional lenders to pool RLUSD on the XRP Ledger with near-instant settlement and predictable transaction costs, while origination, interest accrual and repayments will be enforced through the XRPL Lending Protocol once active.
Soil said the structure is built under a permissioned hybrid model with identity verification, KYC and KYB controls, aggregating capital from family offices and fund managers for deployment into money market funds and private credit strategies targeting around 8% annual yield.
The initiative is aligned with the forthcoming XLS-66 amendment and is intended to demonstrate how regulated, institutional-grade credit workflows could operate natively on the XRP Ledger once the upgrade is activated.
At the time of reporting, XRP price was $1.37.