Ripple partners with major asset manager Aviva Investors to tokenize traditional funds on XRP Ledger
Ripple and Aviva Investors are partnering to tokenize traditional investment funds using the XRP Ledger infrastructure.Summary
Blockchain firm Ripple is collaborating with Aviva Investors, the asset management division of British insurer Aviva Plc, to tokenize conventional investment funds onto the XRP Ledger. This partnership marks Ripple's first such agreement with a European money manager. Both companies believe tokenization will enhance time and cost efficiency for investors. Aviva Investors, which manages $346 billion in assets, views tokenized funds as a promising product line, citing the potential for positive change for their clients. Nigel Khakoo from Ripple noted that the XRP Ledger offers the secure, scalable, and compliant infrastructure necessary for this institutional adoption. The collaboration is expected to continue through 2026 and beyond.
(Source：Crypto Briefing)