XRP Price Gains as Aviva Investors Taps XRPL for Tokenized Fund
XRP's price is up slightly by 0.48% to trade at $1.08, with $1.26 billion in trading volume on July 30.
This gain comes as inflows to XRP ETFs return following the tokenization of Aviva Investors' USD Liquidity Fund on the XRP Ledger.
Aviva Investors, a UK-based asset manager that manages $350 billion in client assets, is tapping XRPL for its first tokenized fund.
The launch coincided with $584,000 in inflows to XRP ETFs on July 29, the first such inflows since July 25.