Aviva Investors Tokenizes Money Market Fund on XRP Ledger in New Ripple Partnership
Ripple has partnered with Aviva Investors to tokenize traditional investment funds, specifically high-quality money market funds, on the XRP Ledger. The disclosure confirms a previously unnamed partner from a Ripple community event and marks a concrete step toward institutional-grade asset tokenization on XRPL. This represents one of the first high-quality liquidity funds to be issued natively on the ledger.
Ripple has announced a partnership with Aviva Investors focused on bringing traditional investment products onto the XRP Ledger. The collaboration centers on issuing high-quality money market funds as tokenized assets on-chain, a move that signals growing institutional appetite for XRPL as a settlement and issuance infrastructure.
The partnership had previously been referenced as involving an undisclosed partner at a Ripple community event. The confirmed counterparty is Aviva Investors, a major institutional asset manager, and the specific product category is money market funds, which are among the most liquid and credit-quality instruments in traditional finance.
The development intersects with broader industry conversations about tokenization infrastructure. Separately, the DTCC has publicly stated that no single ledger will serve as the universal settlement layer, a position that underscores the competitive but open landscape in which XRPL is now actively participating.
Tokenizing money market funds on a public blockchain ledger carries implications for liquidity, settlement speed, and accessibility. If institutional fund managers begin issuing regulated products on XRPL, it could drive demand for the ledger's native infrastructure and, over time, the asset used to facilitate transactions and collateral on it.
- Ripple partner confirmed as Aviva Investors
- Product type: high-quality money market funds
- Issued directly on the XRP Ledger
- DTCC has stated no single ledger will dominate settlement
- Previously announced at an XRP community event with the partner undisclosed
Key facts
- •Aviva Investors confirmed as Ripple's tokenization partner
- •Partnership involves issuing money market funds on the XRP Ledger
- •Partner had previously been unnamed at a Ripple community event
- •DTCC confirmed no single ledger will serve as universal settlement layer
- •Described as one of the first high-quality US liquidity funds tokenized on XRPL