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Aviva and Ripple have launched a tokenized share class of Aviva's £22 billion Sterling Liquidity Fund on XRPL, with £50 million invested, making a total of £86 million tokenized. This development follows the launch of a similar USD fund in July, with the offering available to professionals only.
The update was posted by Wendy O.
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Ripple previously partnered with DriveWealth to integrate RLUSD stablecoin for settlement and digital asset custody, according to an earlier report by Wendy O. The collaboration targeted cross-border payments and global investing services. In a separate commentary, Richard Heart described PulseChain as outperforming XRP in utility and technology, as covered in a prior article.