The XRP Ledger is strengthening its institutional finance infrastructure. On Feb. 9, 2026, ORQO Group, a regulated global asset manager, launched a Single Asset Vault (SAV) on the XRPL through its fintech lending platform Soil, designed to enable compliant on-chain lending structures.
Addressing Institutional Inefficiencies
Soil's SAV targets the fragmentation of capital, data, and oversight common in institutional fundraising and loan management. CEO Nick Motz stated, “We are on the verge of Web3 supporting real, high volume institutional workflows, not just technical primitives.” He 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.”
How the Single Asset Vault Works
The vault centralizes institutional capital on XRPL within a single on-chain structure, creating a consolidated record of deployed funds, interest accrual, and repayments while enabling fast settlement and predictable transaction costs. According to Soil, “Through SAV, institutional lenders can pool capital denominated in RLUSD directly on the XRPL, enabling near-instant settlement and predictable transaction costs.” Core loan lifecycle events are enforced by the upcoming XRPL Lending Protocol, while underwriting and credit risk remain off-chain. Accounting is derived directly from ledger data, providing continuous visibility without manual reconciliation.
Permissioned Hybrid Model and Target Yield
Soil's SAV uses a permissioned hybrid model restricted to regulated participants, with domain-level KYC/KYB and wallet screening. Institutions follow fixed-term lending rules. The company explained, “Using permissioned SAVs and fixed-term lending rules, Soil aggregates RLUSD from institutional lenders such as family offices and fund managers. The pooled capital is deployed into strategies including money market funds and private credit, with a target yield range of approximately 8% APR.”
Paving the Way for XLS-66
Soil's SAV is positioned as an early institutional use case for the forthcoming XLS-66 amendment (XRPL native lending protocol). While the amendment is pending mainnet activation, Soil has begun building and testing its vault on XRPL, planning demonstrations of fund flows to illustrate regulated lending activity under the amendment. The firm noted, “Soil’s Single Asset Vault is a foundational product step toward automated, scalable on-chain asset management. For the XRPL ecosystem, this provides a concrete use case of how native lending primitives can support compliant, institutional-grade credit markets.”