Aviva Investors launches a new tokenized share class for its Sterling Liquidity Fund on the XRP Ledger, with the fund described as worth about £22 billion (roughly $29.37 billion). Finbold, Cointelegraph, and The Block all report the same core development: Aviva tokenizes a share class and lists it on the Ripple-backed XRP Ledger.
The outlets frame the announcement in slightly different ways. Finbold emphasizes the size of the fund and the use of the XRP Ledger for the tokenized “liquidity” fund share class. Cointelegraph highlights that it is Aviva’s second tokenized fund listing and links the launch to a broader collaboration to bring additional tokenized funds to the XRP Ledger. The Block also stresses the joint nature of the effort, naming Ripple alongside Aviva in connection with the listing.