UK asset manager Aviva Investors has launched tokenized shares of a sterling liquidity fund on the XRP Ledger.
45 minutes ago
Ripple announced that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. This fund is Aviva Investors’ largest, with around £22 billion in assets under management (AUM). The launch marks the second existing fund to be tokenized by the firm, following the rollout of tokenized shares for its U.S. dollar liquidity fund in July 2026. To date, total investment in the two tokenized share classes exceeds $116 million (£86 million), with Aviva itself having invested $66 million (£50 million) in the new share class. The fund is an Irish-registered UCITS money market fund that adopts a "digital twin" model: it maintains an off-chain fund structure while mapping its holdings onto the blockchain. Its underlying assets are custodied by BNY Mellon, with support from digital asset custodian Komainu and tokenization platform Licuido, and is open to qualified investors holding digital wallets.
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