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Aviva Launches Tokenized Fund on XRP Ledger | Bitcoin and Crypto News
Description
Aviva Investors just launched a groundbreaking tokenized share class for its US Dollar Liquidity Fund, built on the XRP Ledger and approved by the Central Bank of Ireland—letting investors access it via digital wallets while keeping assets securely held by traditional custodians. This marks a major step as traditional finance embraces blockchain for real-world assets, with Aviva partnering with Ripple to bring this innovation to life. The fund, focused on safe, short-term debt, offers identical goals and liquidity as its non-tokenized counterpart. It’s part of a growing trend: giants like BlackRock and Franklin Templeton are also entering the tokenized space, signaling that blockchain-based finance is moving beyond hype into mainstream adoption.
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