Aviva Brings Its £22 Billion Sterling Fund to XRP Ledger Rails—with £50 Million in the New Class

By Isaac • October 26, 2026 7:18 am •

Aviva Investors just moved one of Europe’s biggest cash-management products onto XRP Ledger rails—but the numbers need to be read carefully.

The asset manager launched a tokenized share class of its Sterling Liquidity Fund, an existing fund with approximately £22 billion under management. Aviva itself placed £50 million into the new share class, while total investment across its two tokenized money-market share classes has now passed £86 million.

That means £22 billion did not suddenly move onchain. The much more precise story is that a £22 billion conventional fund now has a blockchain-based access layer, seeded with £50 million.

A digital twin, not a crypto replacement

According to Ripple, the product uses a “digital twin” model