XRP Price Surges as Aviva Investors Taps XRPL for Tokenization
Ripple's XRP price has seen a slight increase of 0.48% on July 30, trading at $1.08 with $1.26 billion in volume.
This comes as inflows to XRP ETFs return after Aviva Investors USD Liquidity Fund was tokenized on the XRP Ledger.
The UK-based asset manager manages $350 billion in client assets and is tapping XRPL for its first tokenized fund, making a share class available to eligible investors with crypto wallets.
XRP ETFs have seen inflows for three straight weeks, suggesting rising demand from institutions as XRP Ledger gets more users.