Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership

The U.K. asset manager teamed up with Ripple to bring traditional fund structures onchain in its first tokenization push. What to know : Aviva Investors plans to tokenize traditional funds on the XRP Ledger in partnership with Ripple. The initiative marks Aviva’s first tokenization effort and Ripple’s first deal with a Europe-based asset manager. The firms aim to develop regulated, blockchain-based fund structures starting this year.