Aviva Investors launches tokenized share class of £22 billion sterling fund on XRP Ledger

Aviva Investors has expanded its digital asset footprint by launching a tokenized share class of its flagship £22 billion ($29.4 billion) Sterling Liquidity Fund on the XRP Ledger on October 26, 2026. Working alongside Ripple, BNY Mellon, Komainu, and Licuido, the asset manager committed £50 million to the new tranche under a digital twin structure, bringing its total on-chain fund investments to over £86 million following a USD fund launch in July.

Details of the Sterling Liquidity Fund launch

• ▪Aviva Investors invested £50 million ($66 million) directly into the new tokenized share class of the Sterling Liquidity Fund on the XRP Ledger, representing 0.4% of its total £22 billion assets
• ▪Aviva Investors launched a tokenized share class of its £22 billion ($29.4 billion) Sterling Liquidity Fund on the XRP Ledger

Sterling Liquidity Fund structure and custody

• ▪Digital asset custodian Komainu and digital infrastructure platform Licuido provided infrastructure and custodial support for Aviva Investors' tokenized Sterling Liquidity Fund launch on the XRP Ledger
• ▪The Sterling Liquidity Fund tokenization on the XRP Ledger uses a digital twin structure where investor holdings are represented onchain while the fund operates offchain
• ▪The Bank of New York Mellon maintains custody of the physical assets of Aviva Investors' Sterling Liquidity Fund
• ▪The Sterling Liquidity Fund is an Ireland-domiciled UCITS money market fund established in 2002 that invests in short-term British pound debt instruments

Aviva Investors' tokenization strategy and history

• ▪Aviva Investors launched a tokenized share class of its £22 billion ($29.4 billion) Sterling Liquidity Fund on the XRP Ledger
• ▪Aviva Investors CEO Mark Versey stated that tokenized funds, such as its Sterling and USD Liquidity Funds, can increase efficiency and lead to improved outcomes for clients
• ▪Aviva Investors holds more than £86 million ($114.8 million) invested across its two tokenized liquidity fund offerings, the Sterling and USD Liquidity Funds, on the XRP Ledger
• ▪Aviva Investors partnered with Ripple in February 2026 to bring traditional investment funds to the XRP Ledger ecosystem

Aviva's European market position

• ▪Aviva Investors' launch of the tokenized Sterling Liquidity Fund share class makes it one of Europe's largest asset management providers of tokenized money market funds
• ▪Ripple identified Aviva Investors as its first European investment management partner when the two companies partnered in February 2026

XRP Ledger network statistics

• ▪The XRP Ledger ranks as the ninth-largest blockchain network for real-world assets with $642 million in total distributed RWA value, according to RWA.xyz
• ▪Since its launch in 2012, the XRP Ledger has processed over 4 billion transactions across nearly 8 million active wallets and 130 independent validators