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Aviva Extends Tokenized Fund Offering With Sterling Shares on XRP Ledger

The Irish-registered UCITS money market fund is Aviva Investors’ largest. The sterling and U.S. dollar tokenized classes have more than $116 million in combined investment.

Updated 1 min read
Commuters pass the glass entrance to Aviva Investors’ offices on Fenchurch Street in London. / TokenPost.ai
Commuters pass the glass entrance to Aviva Investors’ offices on Fenchurch Street in London. / TokenPost.ai

Aviva Investors has expanded its XRP Ledger fund offering with sterling tokenized shares, bringing a second existing liquidity product onto the network after a U.S. dollar launch in July.

The Sterling Liquidity Fund is an Irish-registered UCITS money market fund and Aviva Investors’ largest. Across the sterling and U.S. dollar classes, the tokenized shares have more than $116 million in combined investment. Aviva invested $66 million in the sterling class.

The fund retains its existing structure, with a corresponding record of its holdings on the XRP Ledger. Qualified investors with digital wallets can access the share class.

BNY Mellon holds the underlying fund assets. Komainu provides digital-asset custody, while Licuido supports the tokenization platform.

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