UK asset management firm Aviva Investors has partnered with Ripple to launch a tokenized fund on XRP Ledger.

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ChainCatcher reports that, according to CoinDesk, UK asset management firm Aviva Investors has announced a partnership with Ripple to issue and manage tokenized funds on the XRP Ledger (XRPL).

This is reportedly Aviva Investors' first foray into tokenized funds, aiming to integrate blockchain products into its traditional asset management business. Ripple will provide technical support to assist Aviva Investors in building a tokenized fund structure on XRPL.

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