Overview
- Aviva Investors and Ripple put a tokenized share class of the Aviva US Dollar Liquidity Fund live on the XRP Ledger, which went live Wednesday, July 29, 2026.
- The structure uses a “digital twin” model that keeps the existing Ireland‑domiciled UCITS fund and its legal protections off‑chain while recording tokenized ownership on XRPL.
- BNY Mellon holds the fund’s underlying assets in traditional custody, Komainu provides regulated digital asset custody for the tokens, and Licuido supplies the tokenization technology.
- Access is limited to eligible, onboarded investors with approved digital wallets and depends on local distribution approvals, so the tokenized class is not automatically open to U.S. retail investors.
- The launch adds to XRPL’s growing real‑world asset footprint—RWA.xyz tracked about $4.37 billion on the ledger as of July 29—and the product’s scale will hinge on investor onboarding and further regulatory clearances.