Aviva Investors and Ripple Partner to Tokenize Funds on XRP Ledger
Aviva Investors’ first tokenization initiative with Ripple aims to launch practical tokenized fund structures in Europe by 2026, marking a milestone in blockchain-based asset management.
On June 11, Aviva Investors and Ripple announced a partnership to tokenize traditional fund structures on the XRP Ledger. This is Aviva’s first tokenization project and Ripple’s first collaboration with a European asset manager. The initiative targets the launch of practical tokenized funds from 2026 onward, seeking faster settlement, reduced costs, broader distribution, fractional ownership, and automated compliance. The project leverages XRPL’s track record of over 4 billion transactions, support for over 7 million wallets, and operation by 120 independent validators.
- Tokenization: The process of converting ownership of an asset into a digital token on a blockchain.
- XRP Ledger (XRPL): A public blockchain created in 2012 for payments and financial transactions, known for fast settlement and low energy use.
- Fractional Ownership: Enables investors to own a portion of an asset via tokenized shares, increasing access and liquidity.