$XRP : Aviva’s £50m tokenized fund: What changes for investors
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Aviva invested £50 million in a tokenized share class of its sterling liquidity fund.
• BNY and Ripple announced broader digital asset custody capabilities on October 27.
• Aviva’s £50 million investment in tokenized fund shares illustrates what changes when a conventional investment adds blockchain-based ownership records.
• Announced on October 26, the new share class gives eligible investors access to Aviva Investors’ Sterling Liquidity Fund through digital tokens on the XRP Ledger.
• The £22 billion figure describes the entire underlying fund; Aviva invested £50 million in the new share class.
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© DL News
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Aviva invested £50 million in a tokenized share class of its sterling liquidity fund.
• BNY and Ripple announced broader digital asset custody capabilities on October 27.
• Aviva’s £50 million investment in tokenized fund shares illustrates what changes when a conventional investment adds blockchain-based ownership records.
• Announced on October 26, the new share class gives eligible investors access to Aviva Investors’ Sterling Liquidity Fund through digital tokens on the XRP Ledger.
• The £22 billion figure describes the entire underlying fund; Aviva invested £50 million in the new share class.
-
© DL News
