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Crypto & Bitcoin

Ripple News: Ripple Reveals Major XRP Ledger Move Involving Aviva’s £22B Fund

Reported by Rupam Roy, The Coin Republic

Image: The Coin Republic

Key Insights: Aviva Investors expands its £22 billion fund offering as Ripple news highlights XRPL adoption. Aviva invests £50 million as its two tokenized fund classes surpass £86 million. The tokenized sterling fund retains daily liquidity and existing investor protections. Ripple news centers on Aviva Investors’ new tokenized share class for its £22 billion Sterling Liquidity Fund. The asset manager announced the launch with Ripple, placing the new class on the XRP Ledger. The announcement follows July’s tokenization of Aviva’s U.S. dollar liquidity fund. In addition, the class adds digital wallet access without changing the fund’s investment terms.

This is an excerpt. The reporting belongs to The Coin Republic.

Read the full report on thecoinrepublic.com
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