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UK asset management firm Aviva Investors partners with Ripple to launch tokenized funds on the XRP Ledger
Mars Finance reports that, according to CoinDesk, the UK asset management firm Aviva Investors announced a partnership with Ripple to issue and manage tokenized fund products on the XRP Ledger (XRPL). It is understood that this is Aviva Investors’ first foray into tokenized funds, aiming to incorporate blockchain products into its traditional asset management business. Ripple will provide technical support to assist Aviva Investors in building the tokenized fund structure on XRPL.