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Aviva Investors on XRPL launching tokenized units of a sterling liquidity fund, investing 50000000 in sterling investments

PANews October 26 reported that, according to an official Ripple announcement, Aviva Investors has launched on XRP Ledger(XRPL) a tokenized unit class of a sterling liquidity fund, with Aviva investing 50000000 pounds sterling (approximately 66000000 USD). The fund's overall assets under management are approximately 22000000000 pounds sterling, and this figure is not the amount brought on-chain in this instance. Following July launch of USD liquidity fund tokenized units, Aviva Investors' combined investment in its types of tokenized units has exceeded 86000000 pounds sterling (approximately 116000000 USD). The new units use a “digital twin” model to represent holdings on-chain while retaining the original off-chain fund structure, investment objectives, risk characteristics, liquidity, and regulatory protections. Eligible investors who hold digital wallets may participate. The fund assets remain in the custody of BNY Mellon, and Komain...