Aviva Investors will tokenize funds on the XRP Ledger with Ripple.

Aviva Investors and Ripple Partnership

Aviva Investors plans to tokenize its traditional funds on the XRP Ledger. This initiative represents Aviva's first tokenization effort and Ripple's first agreement with a Europe-based asset manager.

The two companies aim to collaborate on developing blockchain-based fund structures, having started their partnership earlier this year. This move by Aviva Investors reinforces its orientation towards the digital asset space, while also paving the way for Ripple to expand its footprint in the European market.