Aviva Investors Partners with Ripple to Tokenize Funds on XRP Ledger

In a landmark move for asset tokenization, Aviva Investors has announced a strategic partnership with Ripple to utilize the XRP Ledger (XRPL). This collaboration will focus on tokenizing real-world assets (RWAs), specifically starting with money market funds. The initiative aims to enhance liquidity, streamline settlement processes, and improve operational efficiency within the fund management sector. By leveraging the XRPL's high-speed, low-cost infrastructure, Aviva seeks to pioneer new models for digital asset management and distribution. This partnership underscores the growing institutional adoption of blockchain technology for traditional finance (TradFi) applications.