Aviva Puts $66 Million Into Tokenized Sterling Fund on XRP Ledger
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Aviva has invested $66 million in a tokenized share class of its Sterling Liquidity Fund, extending its partnership with Ripple.
Aviva has committed $66 million to shares issued on the XRP Ledger through a tokenized class of its Sterling Liquidity Fund, according to Bitcoin.com News.
The launch gives eligible investors a blockchain-based way to access what the report describes as Aviva Investors’ largest fund.
The rollout builds on Aviva’s partnership with Ripple and broadens access to traditional money market investments through tokenized fund shares.
Source: Bitcoin.com News
