Aviva adds £50 million to XRPL tokenized fund share class

Community Trust Score Verified 90 % Real Verified 29 votes Updated 17 hours ago British asset manager Aviva invested £50 million ($66 million) on Monday in a blockchain-based share class of its Sterling Liquidity Fund on the XRP Ledger (XRPL). This second XRPL offering brings the firm’s combined investments across two such products to more than £86 million ($116 million). By placing a tokenized share class of the Sterling Liquidity Fund on the distributed ledger, Aviva is using blockchain to represent fund ownership.

Also reported by Live Bitcoin News.

Source: The Currency Analytics