Aviva Brings Regulated Liquidity Fund to XRP Ledger

Aviva Investors has launched a tokenized share class of its US dollar liquidity fund on the XRP Ledger, marking a significant milestone in the adoption of blockchain-based investing.

The new share class retains the conventional fund's investment objective, risk profile, and regulatory protections while utilizing blockchain infrastructure for issuance and administration.

Komainu provides custody support, and Licuido supplies tokenization infrastructure. The launch follows Aviva's partnership with Ripple earlier this year and is the first live product from their collaboration.