Aviva Investors launches tokenized fund after Central Bank of Ireland approval
CoinTelegraph·
60-second summary
Aviva Investors launches a tokenized fund on the XRPL blockchain after receiving approval from the Central Bank of Ireland, offering eligible investors blockchain-based access to a regulated US dollar liquidity fund with traditional custody arrangements intact. This development marks a significant step in the adoption of tokenized assets in the traditional finance sector.
The new XRPL-based share class gives eligible investors blockchain-based access to a regulated US dollar liquidity fund while keeping traditional custody arrangements.