Aviva Investors unveils $29 billion tokenized liquidity fund on XRP Ledger
Photo: Finbold
Aviva Investors has launched a new tokenised share class for the firm’s largest fund with approximately £22 billion ($29.37 billion) in assets under management, per a joint announcement made with Ripple on Monday, October 26. The launch of a new tokenised share class for the Aviva Investors Sterling (GBP) Liquidity Fund represents a significant expansion to the firm’s tokenised fund offering and has turned the company into one of the largest asset management providers to offer such a product in Europe. Furthermore, Aviva unveiled an investment of £50 million ($66 million) in this new tokenized share class.
Source: Finbold
