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Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership

2026/02/11 20:02
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Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership

The U.K. asset manager teamed up with Ripple to bring traditional fund structures onchain in its first tokenization push.

By Will Canny, AI Boost|Edited by Sheldon Reback
Feb 11, 2026, 12:02 p.m.
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Ripple's Nigel Khakoo and Aviva Investors' Jill Barber. (Ripple, modified by CoinDesk)

What to know:

  • Aviva Investors plans to tokenize traditional funds on the XRP Ledger in partnership with Ripple.
  • The initiative marks Aviva’s first tokenization effort and Ripple’s first deal with a Europe-based asset manager.
  • The firms aim to develop regulated, blockchain-based fund structures starting this year.

Aviva Investors, the asset management arm of U.K. insurer Aviva (AV), plans to tokenize traditional fund structures on the XRP Ledger (XRPL) in a deal with blockchain firm Ripple, the companies said in a press release Wednesday.

The collaboration will see Ripple support Aviva Investors in issuing and managing tokenized funds on XRPL, a public blockchain designed for payments and financial transactions. The move marks Aviva Investors’ first foray into tokenization as it looks to integrate blockchain-based products into its lineup.

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For Ripple, the agreement is a first partnership with a Europe-based investment manager, expanding its push to bring regulated financial assets onchain.

Asset managers have increasingly turned to tokenization to modernize fund infrastructure, using digital tokens to represent shares in money market funds, private credit, real estate and other strategies on a blockchain.

The approach promises faster settlement, lower operational costs and broader distribution, while enabling features such as fractional ownership and automated compliance.

Major firms including BlackRock, Franklin Templeton and Hamilton Lane have already introduced tokenized products, signaling a shift from pilot projects to live, regulated offerings aimed at institutional investors.

Aviva Investors and Ripple said they will work together through 2026 and beyond to develop tokenized fund structures on XRPL.

The ledger, which started up in 2012, has processed more than 4 billion transactions and supports over 7 million wallets, according to Ripple. It is maintained by 120 independent validators and does not rely on energy-intensive mining.

"We believe there are many benefits that tokenisation can bring to investors, including improvements in terms of both time and cost efficiency," said Jill Barber, chief distribution officer at Aviva Investors, in the release.

"We are committed to adopting technological advancements that we believe can bring about positive change for our business, and we think tokenized funds can be hugely beneficial to our clients,” she added.

Read more: Tokenization still at start of hype cycle, but needs more use cases, specialists say

RippleTokenizationAsset Management
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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