ME News reports that on July 31 (UTC+8), London-based asset manager Aviva Investors, following approval from the Central Bank of Ireland, launched tokenized shares of its U.S. dollar liquidity fund on the XRP Ledger, allowing qualified investors to participate via digital wallets. The underlying assets of the fund remain held by custodian BNY Mellon, with Komainu providing digital asset custody and Licuido supplying the tokenization infrastructure. The fund invests in high-rated, short-term U.S. dollar-denominated debt securities and money market instruments, with its tokenized shares offering the same investment objectives and liquidity characteristics as the traditional fund. (Source: ODAILY)
Aviva Investors Launches Tokenized USD Liquidity Fund on the XRP Ledger
KuCoinFlashShare
Summary
Aviva Investors, a London-based asset manager, has launched tokenized USD liquidity fund shares on the XRP Ledger, according to on-chain news from MetaEra. The fund has received approval from the Central Bank of Ireland and is accessible to qualified investors via digital wallets. The Bank of New York Mellon holds the underlying assets, with Komainu and Licuido providing custody and tokenization services. The fund invests in high-rated short-term USD debt and money market instruments, aligning with the objectives and liquidity profile of its traditional counterpart. Digital asset news highlights this development as a step toward broader institutional adoption of tokenization.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.