Tokenization aims to represent fund shares as digital tokens on a public blockchain, enabling faster settlement, lower costs, fractional ownership, and automated compliance.

The project will run through 2026 and beyond as Aviva Investors and Ripple develop tokenized fund structures on XRPL, leveraging the validator network and non-energy-intensive consensus.

Executives from both organizations say tokenization is moving from experimentation to large-scale production, delivering efficiencies in time and cost for asset management clients.

The deal is positioned as a move toward real-world deployment of tokenization, with potential benefits including reduced operational costs, faster transactions, greater transparency, and broader investor access.

Industry trend shows tokenization of real-world assets gaining traction, with major players like BlackRock and Uniswap signaling broader adoption of RWA tokens and tokenized traditional assets.

XRPL is a payments-focused blockchain with a mature network, processing billions of transactions, hosting millions of wallets, and maintained by around 120 validators since its 2012 launch.

Ripple partners with Aviva Investors to explore tokenizing traditional fund structures on the XRP Ledger, marking the first collaboration between Ripple and a European investment manager.

XRP price remains volatile amid strategic progress, trading in the $1.36–$1.46 range with risk of dipping below $1.21 if selling pressure intensifies, in part tied to Bitcoin volatility.

Ripple will support the effort as part of a broader strategy to position XRPL as infrastructure for regulated financial assets and enable large-scale tokenization without mining, leveraging independent validators.

The article includes a disclaimer and financial disclosures related to The Block, the independent media outlet reporting the story.

Ripple’s RWA tokenization push is framed as a long-term strategic bet that could expand its global financial footprint despite near-term price movements following broader crypto trends.

Ripple’s tokenization activity extends to the UAE, where a partnership aims to tokenize about $280 million in diamonds with on-chain minting and asset transfer infrastructure provided by Ripple.