Aviva Investors has partnered with Ripple to develop tokenised fund structures on the XRP Ledger, marking Ripple’s first collaboration with a Europe-based investment management firm.
The initiative will see regulated financial products issued and managed on the XRP Ledger as part of a broader strategy to move traditional fund structures onto blockchain infrastructure at institutional scale.
“The collaboration is Ripple’s first with an investment management business based in Europe, building upon the firm’s significant experience working with financial institutions in other regions,”
The announcement stated.
Nigel Khakoo, vice president of trading and markets at Ripple, said tokenisation is shifting from experimentation to large-scale production, adding that the XRP Ledger’s built-in compliance tools, near-instant settlement and native liquidity position it as scalable infrastructure for institutional assets.
“As the investment arm of the UK’s leading insurer, we have a long track record with regards to innovation … and we think tokenised funds can be hugely beneficial to our clients,”
Said Aviva Investors chief distribution officer, Jill Barber, and following the announcement the XRP price was unchanged at $XX.
The collaboration will extend through 2026 and beyond as both parties work to integrate tokenised solutions into Aviva’s existing product range, signalling growing institutional acceptance of blockchain-based fund issuance.
Launched in 2012, the XRP Ledger has processed more than 4 billion transactions and supports over 7 million active wallets, positioning it as energy-efficient infrastructure for issuing and settling tokenised assets without mining.
At the time of reporting, XRP price was $1.38.