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

CryptoSlate
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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

  1. Ripple expanded its institutional reach Monday as Aviva added another tokenized fund share class to the XRP Ledger (XRPL).
  2. 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).
  3. The… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.