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Aviva Investors Tokenizes $29B Sterling Fund on XRP Ledger

Aviva Investors Tokenizes $29B Sterling Fund on XRP Ledger

Photo: Bitcoinist

Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, its second tokenized fund and a major step for real-world asset tokenization. TLDR Aviva Investors has launched a tokenized share class of its Sterling (GBP) Liquidity Fund on Ripple’s XRP Ledger (XRPL). The fund is the asset manager’s largest, with roughly £22 billion ($29.4 billion) in assets under management. It is Aviva’s second tokenized fund , following the USD Liquidity Fund expansion to XRPL in July.

Also reported by NewsBTC.

Source: Bitcoinist

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