Aviva lists tokenized money-market share class on XRP Ledger

Aviva Investors has partnered with Ripple to launch a tokenized share class of its £22 billion Sterling Liquidity Fund on the XRP Ledger, investing £50 million into the new class. The move brings Aviva's total tokenized fund exposure to £86 million across two XRPL-based money market funds. No details were disclosed on redemption mechanics, fees or who holds the other £36 million in tokenized exposure.