Bank & market adoption
Aviva Investors tokenises a sterling liquidity fund share class on XRP Ledger
UKSource: Ripple
AI-generated image- Aviva Investors and Ripple announced on 26 October 2026 the launch of a tokenised share class of the Aviva Investors Sterling (GBP) Liquidity Fund, the firm’s largest fund with approximately £22 billion in assets under management, available on the XRP Ledger.
- The Ireland-domiciled UCITS money market fund uses a “digital twin” model in which holdings can be represented on-chain while the existing off-chain fund structure is maintained; Aviva has invested £50m ($66m) in the new share class, and over £86m ($116m) is invested across its two tokenised share class offerings, following a USD Liquidity Fund share class launched in July 2026.
- Komainu (digital asset custodian) and Licuido (tokenisation platform) supported the launch, and all assets are held by the fund’s custodian, The Bank of New York Mellon.
Why it matters
A tokenised money market fund share class that keeps the fund off-chain, with a bank custodian holding all assets, gives bank treasury and custody teams another regulated on-chain cash-management instrument to assess alongside tokenised deposits and stablecoins.
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More detail
Who is affected
Eligible investors with digital wallets in the Aviva Investors Sterling (GBP) Liquidity Fund.
Key dates
- Tokenised GBP Liquidity Fund share class launched on the XRP Ledger
Key facts
- Event
- Product launch
- Jurisdiction
- UK
- Source
- Ripple (joint release with Aviva Investors)
- Source tier
- Tier 2 · Bank / FMI
- Product
- Tokenized funds
In the database
How we verified this
The source says
“The new share class is available to eligible investors with digital wallets, with all assets held by the fund’s custodian, The Bank of New York Mellon.”
“Aviva has invested in the new tokenised share class of the Sterling Liquidity Fund, with an investment of £50m ($66m).”
“The Fund uses the “digital twin” model, an approach that allows us to introduce a digital access layer, where holdings can be represented on-chain while maintaining the integrity of the existing off-chain fund structure.”
Verbatim from Ripple (joint release with Aviva Investors), matched word for word against the live page on 31 October 2026.
Sources
- Official institutionalRipple (joint release with Aviva Investors) ↗2026-10-26T2Bank / FMI
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-31 20:02 UTC
- Archived snapshot
- SHA-256
7170d48c14e3404d…· fetched 2026-10-26 · Wayback Machine copy ↗ - Source type
- Official institutional Ripple (joint release with Aviva Investors) ↗
Change log (1)
- 2026-10-26 Published
AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.
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