Aviva Investors Launches Tokenized Shares of Its Pound Liquidity Fund on the XRP Ledger

According to a press release published on Ripple's official website, Aviva Investors and Ripple have announced the launch of a tokenized share class for a British pound (GBP) liquidity fund on the XRP Ledger (XRPL). This marks the company's second existing fund to undergo tokenization, following the launch of a tokenized share class for its US dollar liquidity fund in July 2026. The GBP liquidity fund is Aviva Investors' largest fund, with approximately £22 billion in assets under management, and is registered in Ireland as a UCITS money market fund. Aviva itself has invested £50 million (approximately $66 million) into the new share class. Combined investments across both tokenized share classes exceed £86 million (approximately $116 million), making Aviva Investors one of Europe's largest providers of tokenized money market funds. The fund utilizes a "digital twin" model, representing investor holdings on-chain while preserving the off-chain fund structure. The tokenized shares carry the same investment objectives, risk characteristics, liquidity, and regulatory protections as traditional shares. The new shares are available to eligible investors holding digital wallets, and are powered by Komainu and Licuido, with assets remaining custodied by BNY Mellon.