XRP Ledger Gets Tokenized Slice of a £22B Sterling Fund

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Rommie Analytics

Key Takeaways

  • Tokenized classes hold £86M, not £22B
  • Sterling class follows July’s dollar launch on XRPL
  • Aviva pitches transferability; holders must still pass KYC
  • Fund subscriptions are not XRP purchases

Financial News reported on October 26 that Aviva’s two tokenized share classes, sterling and dollar, now hold more than £86 million combined. Even counted together, that is under 0.4% of the sterling fund’s size on its own.

£22B

Sterling Liquidity Fund, all share classes

£86M+

Both tokenized classes combined

July 29

Dollar class goes live on XRPL

Why Aviva added a sterling class

Aviva’s first tokenized share class, launched on July 29, put shares of its US Dollar Liquidity Fund on XRPL after approval from the Central Ban...

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