Ripple and Aviva Investors to Tokenize Traditional Funds on the XRP Ledger
Ripple has partnered with UK asset manager Aviva Investors to pilot tokenization of traditional investment funds on the XRP Ledger (XRPL). Aviva says tokenization can streamline fund administration, cut operational costs and speed settlement; Distribution Director Jill Barber highlighted time and cost efficiencies for clients. The pilot will leverage XRPL’s fast confirmations, low transaction fees, energy-efficient consensus and built-in compliance tools. Ripple underlined XRPL’s scale—over four billion transactions, more than seven million wallets and around 120 independent validators—and recent upgrades such as XLS‑80 that enable permissioned zones for institutional use. Neither party has disclosed which funds will be tokenized first or regulatory timelines. The collaboration marks Aviva Investors’ first move into fund tokenization and is Ripple’s first European investment-management partnership; both expect a long-term, multi-year relationship potentially extending beyond 2026. Traders should note this is a strategic institutional adoption story for XRPL that could increase on‑chain volume and institutional flows if the pilot advances, but concrete product launches and regulatory approvals remain outstanding.
Bullish
This partnership is a positive institutional-adoption signal for the XRP Ledger and for XRP as an infrastructure token. Short term: price impact is likely limited because the announcement is a pilot with no disclosed funds, no launch dates and outstanding regulatory clearances—so immediate speculative volume may be muted. Medium to long term: successful pilot results, product launches and regulatory approvals could drive increased on‑chain transaction volume, higher demand for XRPL-based services and more institutional flows into XRPL ecosystems, which would be supportive for XRP’s market sentiment and utility. Historical precedent shows institutional pilots and tokenization announcements tend to generate sustained attention only after concrete rollouts or trading-linked integrations. Overall the direct price implication for XRP leans bullish but is conditional on follow‑through.