Ripple connects XRP Ledger to a £22 billion investment giant while chasing the next wave of corporate money

Ripple expanded its institutional reach Monday as Aviva added another tokenized fund share class to the XRP Ledger (XRPL). The British asset manager invested £50 million ($66 million) in a blockchain-based share class of its Sterling Liquidity Fund, bringing its combined investments across two XRP Ledger offerings to more than £86 million ($116 million). The… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Ripple expanded its institutional reach Monday as Aviva added another tokenized fund share class to the XRP Ledger (XRPL).
- The British asset manager invested £50 million ($66 million) in a blockchain-based share class of its Sterling Liquidity Fund, bringing its combined investments across two XRP Ledger offerings to more than £86 million ($116 million).
- The… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi

Anthropic’s $2 Trillion IPO Is ‘Nuts’ Says Devere Amid Warning of Risks to Savers
Anthropic’s proposed initial public offering could expose savers to substantial financial risks through their investment funds, Devere Group CEO Nigel Green warned Monday. His criticism targets a potential $2 trillion valuation, computing obligations, and…

Aviva Investors, Ripple launch tokenized share class of $29 billion sterling fund on XRP Ledger
Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the Ripple-backed XRP Ledger.

Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday.