Aviva to Tokenize Part of £22 Billion Fund on XRP Ledger

The UK-based financial services company plans to issue a tokenized version of its investment fund on the Ripple-owned blockchain.

Aviva, a UK-based financial services company, has announced plans to tokenize part of its £22 billion investment fund on the XRP Ledger blockchain. The move aims to provide greater liquidity and efficiency in the management of the fund. The tokenized version of the fund will be issued on the XRP Ledger, which is owned by Ripple, a blockchain technology company.