Aviva investors launches tokenized sterling fund on the XRP ledger
Image: CointelegraphAviva Investors launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger. The fund manages approximately 22 billion British pounds in assets. Aviva made an investment of 50 million pounds in the new tokenized share class. This is the firm's second tokenized fund after its USD Liquidity Fund expansion in July.
Key points
- Aviva Investors launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger.
- This is the firm's second tokenized fund after its USD Liquidity Fund expansion in July.
Why it matters
Traditional asset managers continue expanding tokenized money market fund offerings onto public blockchain networks like the XRP Ledger.
Price context · XRP
At publication
$1.29
Now
$1.30
Change since
+0.78%
7 days · dashed line = publication
Sources · 4 publishers
Blockonomi
Tier 3
Aviva Investors Launches Tokenized Sterling Liquidity Fund on XRP Ledger
The Block
Tier 1
Aviva Investors, Ripple launch tokenized share class of $29 billion sterling fund on XRP Ledger
Cointelegraph
Tier 1
Aviva Investors launches tokenized share class of $29B Sterling fund on XRP Ledger
Coverage timeline
- First reported by Coinpedia
- Also reported by Blockonomi
- CryptoVideos brief published
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