The global asset management division of Aviva Investors, together with Ripple, has officially announced the launch of a tokenized class of units for the Aviva Investors USD Liquidity Fund based on the XRP Ledger blockchain. This initiative transforms the February partnership of the parties into a full-fledged investment product available to qualified investors. The digital share class fully preserves the investment objectives, risk profile, and liquidity characteristics of traditional funds, while using a distributed registry to issue and administer ownership rights. The basic asset portfolio remains with the traditional depository, while tokenized shares are stored in digital wallets under the control of the regulated institutional custodian Komainu, and the technological infrastructure is provided by Licuido.

A key element of this structure is strict regulatory supervision, ensuring stability and protecting the interests of depositors. The product operates through the Irish stock structure within the framework of the established system of collective investments in transferable securities (UCITS). The Central Bank of Ireland (CBI) has officially approved a new tokenized class of units, which became the first precedent in the history of regulating such fund structures in the European market. This approval ensures that asset management and investor protection mechanisms fully comply with established money market standards, while blockchain technology optimizes only accounting and administration processes.

This launch marks the initial phase of a large-scale partnership in which Aviva and Ripple plan to place additional regulated stock structures on the XRPL platform during 2026 and beyond. The XRP Ledger registry has already demonstrated its reliability by processing more than four billion transactions and supporting almost eight million active wallets with the participation of over 130 independent validators. The launch of the Aviva product follows the launch of the first abrdn tokenized money market fund through the Archax platform, which confirms the steady trend towards integrating traditional financial instruments with a decentralized blockchain infrastructure.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.