Aviva Investors launches tokenized share class of $29B Sterling fund on XRP Ledger

Aviva Investors launches tokenized share class of $29B Sterling fund on XRP Ledger

Summary

Aviva Investors launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, expanding its collaboration with Ripple. The fund has about £22 billion in assets, and Aviva invested £50 million in the new tokenized class. This is Aviva’s second tokenized fund; its two tokenized offerings hold about £86 million combined. The company plans to bring more tokenized funds to the network.