Ripple, the blockchain company behind the XRP Ledger, is partnering with Aviva Investors to bring traditional investment funds on-chain through tokenization, the companies announced on Wednesday.
Aviva Investors, the asset management arm of British insurance company Aviva Plc, will use the XRP Ledger’s infrastructure to convert traditional fund products into digital tokens. This agreement marks the first agreement between Ripple and a European asset management company.
Details of the collaboration will be shared at today’s XRP Community Day, where XRPL ecosystem advocate Markus Infanger and Aviva’s Alastair Sewell will be speaking.
The XRP Ledger is a public blockchain built for rapid cross-border transfers and asset digitization, and has processed over 4 billion transactions since its launch in 2012. The network currently supports approximately 7 million active wallets and processes approximately 1,500 transactions per second.
Aviva managed $346bn (£253bn) of customer assets as of September 2025 and has a strong track record of innovation. The company believes tokenized funds could be added to its product lineup.
“We believe there are many benefits that tokenization brings to investors, including improvements in both time and cost efficiency,” Jill Barber, chief distribution officer at Aviva Investors, said in a statement. “We are committed to adopting technological advances that we believe have the potential to bring about positive change in our business, and we believe that tokenized funds will be highly beneficial to our customers.”
The tokenization sector is moving from experimental tokenization to production-level applications, as Nigel Kakoo, Ripple’s vice president of trading and markets, points out. He added that XRPL provides the secure, scalable and compliant infrastructure needed to support institutional adoption over the next decade.
Aviva’s efforts represent a debut into blockchain-based fund structures, and the joint effort is expected to continue into 2026 and beyond.
