Hassan Maishera
Fintech platform Soil has unveiled a Single Asset Vault (SAV) on the XRP Ledger (XRPL) in a bid to streamline institutional lending.
Soil Introduces SAV on XRPL
ORQO Group, an institutional asset manager and technology platform operating at the intersection of traditional finance and blockchain, announced on Monday, February 9th, that its fintech platform, Soil, has introduced a Single Asset Vault (SAV) on the XRP Ledger (XRPL).
In a press release shared with Cryptowisser, ORQO added that SAV streamlines how institutions aggregate capital and manage on-chain lending activity, positioning Soil as an early institutional adopter of the forthcoming XLS-66 amendment.
This latest product is crucial as institutional fundraising and loan management are often fragmented across banks, custodians, and internal systems, resulting in manual reconciliation, delayed risk assessment, and operational bottlenecks.
SAV is set to address these obstacles by aggregating capital into a unified on-chain structure, thus creating a single source of truth for deployed assets and loan performance.
With this product, institutional lenders can pool capital denominated in RLUSD directly on the XRPL, enabling near-instant settlement and predictable transaction costs. By consolidating fundraising into a single asset on one ledger, the vault structure reduces operational friction once capital deployment begins.
While commenting on the launch, Nick Motz, CEO of ORQO Group and CIO of Soil, stated that,
“We are on the verge of Web3 supporting real, high-volume institutional workflows, not just technical primitives. By recording loan activity directly on the ledger while maintaining off-chain underwriting and risk controls, we are significantly reducing operational overhead and safeguarding institutional standards.”
SAV Works Alongside the XRPL Lending Protocol
ORQO added that the SAV operates in conjunction with the XRPL Lending Protocol to record and enforce core loan lifecycle events on-ledger, including loan creation, interest accrual, and repayment tracking.
The team revealed that credit underwriting, borrower assessment, and risk management remain off-chain, consistent with institutional lending practices. However, accounting and reporting are derived directly from the ledger, enabling continuous visibility into loan balances, due dates, and exposure without reliance on manual spreadsheets.
SAV’s can be permissioned using domain-level controls, allowing identity verification, KYC, and KYB processes, and wallet screening to remain in place while settlement and accounting occur on-chain.
With this structure, institutions can benefit from blockchain efficiency without adopting anonymous or automated DeFi lending models.
ORQO further explained that 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 institutional strategies, including money market funds and private credit, with a target yield range of approximately 8% APR.
Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments. It is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from real-world assets that exist off-chain.
The parent company, ORQO Group, is a global institutional asset manager and technology platform, operating at the intersection of traditional finance and blockchain innovation. The Group unites regulated private credit, public equities, digital hedge fund strategies, DeFi-native yield solutions, and tokenized real estate within a unified on-chain investment ecosystem. With approximately $300 million in assets under management and existing licenses in Poland (KNF) and Malta (MFSA), and with its global headquarters being established in Abu Dhabi, ORQO is building a transparent, compliant, and scalable model for the future of capital markets.
