Linklogis integrates XRP Ledger to enhance global supply chain finance, enabling tokenized invoices and instant cross-border settlements.
A new partnership with Linklogis has resulted in the XRP Ledger being chosen to power China’s premier supply chain. This signifies the ongoing expansion of Ripple’s ecosystem sector in Asia.
Linklogis, a Chinese company, utilizes the XRP Ledger for global supply chain finance
Linklogis, a prominent Chinese provider of supply chain fintech, recently disclosed in a press release that it is collaborating with the XRP Ledger to fuel its global digital supply chain finance platform.
Linklogis will deploy its finance application directly on the mainnet of the ledger as part of the collaboration. This would enable the execution of tokenized invoices and cross-border transactions linked to genuine trade flows.
It would directly incorporate the XRP Ledger into the core of China’s extensive trade industry. As a result, the decentralized infrastructure of XRPL will facilitate the rapid circulation, liquidity, and credibility of tokenized assets supported by trade receivables.
The two organizations intend to broaden their collaboration to encompass a variety of sectors in the future. The development of stablecoins, the integration of blockchain with artificial intelligence for trade financing scenarios, and the trading of supply chain assets enabled by smart contracts are all included in this. The XRP Ledger is becoming a prominent global settlement layer for stablecoins.
Linklogis is already a dominant force in the field of supply chain finance. The company served clients in 27 countries and managed RMB 20.7 billion in cross-border assets in 2024. The company illustrates that blockchain technology is advancing and that Chinese companies are prepared to embrace decentralized systems by employing the ledger.
Linklogis’ objective is to enhance transparency in trade financing and provide businesses with additional methods of accessing funds through XRPL technology. Additionally, this partnership enhances XRPL’s global reputation and fortifies its Asian presence.
Increasing Ripple’s Presence in Asia
This development is another addition to Ripple’s expanding portfolio of strategic victories in Asia. Institutional custody services for XRP were implemented by BDACS in South Korea earlier this month. It would offer regulated access to significant local exchanges, such as Korbit, Coinone, and Upbit. The action advances the institutional adoption of the altcoin in Korea’s crypto sector.
At the same time, SBI Holdings of Japan disclosed its intention to incorporate Ripple’s stablecoin, RLUSD, into its SBI VC Trade platform this fiscal year. Another item on the roadmap is the integration of yen-backed tokens. This illustrates Ripple’s expanding role in bridging the divide between traditional finance and blockchain technology.
Ripple also collaborated with the Web3 Salon, which Japan’s JETRO supports. They would allocate up to $200,000 in grant financing for projects based on XRPL.
Another significant milestone in its expansion into Asia is the new partnership. China’s supply chain is responsible for financing trillions of dollars in annual trade transactions. This could be of paramount significance to Ripple’s expansion.
