Funding
Aviva Invests £50M in Ripple's XRP Ledger Fund
Aviva, a British asset manager, has invested £50 million ($66 million) in a blockchain-based share class of its Sterling Liquidity Fund. This investment represents approximately 0.23% of the fund's assets and brings Aviva's total investments in Ripple's XRP Ledger offerings to over £86 million ($116 million). The move coincides with Ripple's expansion into round-the-clock corporate cash management, which could increase activity within Ripple's digital asset ecosystem.