Aviva adds another tokenized fund to the XRP Ledger, lifting Ripple's institutional push
Aviva, a British asset manager, put £50 million ($66 million) into a blockchain-based share class of its Sterling Liquidity Fund on the XRP Ledger. Its total investments across two XRP Ledger offerings now exceed £86 million ($116 million). For traders, this is a sign of growing big-money interest in XRP's network.
Why it matters
- A major asset manager is putting real capital into tokenized funds on the XRP Ledger.
- Aviva's combined XRP Ledger investments now exceed £86 million ($116 million).
- Institutional use of the network may support long-term interest in XRP.
What to watch next
Watch for more asset managers launching tokenized fund offerings on the XRP Ledger, and how XRP's price responds to these announcements.
