Aviva Investors Launches Tokenised Sterling Liquidity Fund Share Class on XRP Ledger
The asset manager committed £50 million to the new share class of its £22 billion fund, its second tokenised share class after a dollar fund launched in July.
Key Takeaways
- Aviva Investors launched a tokenised share class of its Sterling Liquidity Fund on the XRP Ledger on October 26, 2026.
- Aviva committed £50 million to the share class. The underlying fund holds about £22 billion.
- The launch follows July's tokenised share class of Aviva's dollar liquidity fund. Combined investment now exceeds £86 million.
- Fund assets stay in custody at BNY Mellon, with Komainu and Licuido providing digital custody and tokenisation support.
Aviva Investors launched a tokenised share class of its Sterling Liquidity Fund on the XRP Ledger on October 26, 2026, announcing the product together with Ripple. The asset manager committed £50 million to the new share class.
A Digital Twin of a £22 Billion Fund
The Sterling Liquidity Fund is Aviva Investors' largest fund, with about £22 billion in assets under management. The share class uses a digital twin model. It represents holdings onchain while the fund keeps its existing structure, investment objectives, risk characteristics, liquidity terms and regulatory protections.
Eligible investors with digital wallets can hold the share class. It adds a digital way of accessing the same fund and the same strategy as the conventional share classes.
Fund assets remain in custody at BNY Mellon. Komainu provides digital asset custody, and Licuido provides the tokenisation infrastructure. The £22 billion figure is the fund's total assets under management. The onchain share class starts with Aviva's £50 million commitment.
Second Tokenised Share Class after the July Dollar Fund
In July 2026, Aviva Investors launched a tokenised share class of its dollar liquidity fund. Combined investment across the two tokenised share classes has now passed £86 million, about $116 million.
The XRP Ledger is the blockchain built by Ripple, and XRP (XRP) is its native token. The network is used for payments and for tokenised real world assets. It has been running since 2012.
What the Launch Brings to the XRP Ledger
The share class adds a regulated sterling money market fund product to the XRP Ledger. Large asset managers have been testing tokenised share classes on public blockchains through 2025 and 2026, and the number of funds with an onchain share class keeps growing.
Aviva Investors is the investment arm of the British insurer Aviva. The company said the tokenised share class is available now and expands its tokenisation offering, which began with the dollar liquidity fund in July.
Frequently Asked Questions
What Did Aviva Investors Launch on the XRP Ledger?
A tokenised share class of the Aviva Investors Sterling Liquidity Fund, announced on October 26, 2026. Eligible investors hold it through digital wallets.
How Much Did Aviva Investors Invest in the Tokenised Share Class?
Aviva committed £50 million to the new share class. Combined investment across its two tokenised share classes has passed £86 million.
What Is the Sterling Liquidity Fund?
It is Aviva Investors' largest fund, a sterling money market fund with about £22 billion in assets under management.
How Does the Digital Twin Model Work?
The share class represents fund holdings onchain while the fund keeps its existing structure and regulatory protections. Fund assets remain in custody at BNY Mellon.
Sources
- Aviva Investors launches tokenised share class for Sterling Liquidity Fund · Aviva Investors
- What Happened in Crypto on October 26, 2026 · The Crypto Basic
- Aviva Investors Launches Tokenized Sterling Liquidity Fund Share Class on XRPL With £50 Million Investment · PANews
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