News
Public · Published
Aviva has now delivered the first product on XRPL after announcing they will tokenise funds with @Ripple in Feb. And this is happening in Ireland where 78% of European ETF assets are & 96% of active European ETF's AUM. This could open the floodgates for $XRP in Europe!
Aviva launched its first tokenised fund on the XRP Ledger (XRPL) after announcing a partnership with Ripple in February, and the launch took place in Ireland.
Published:
Updated:
What happened
Aviva launched its first tokenised fund on the XRP Ledger (XRPL) after announcing a partnership with Ripple in February, and the launch took place in Ireland.
Confirmed
Global impact / market context
The product shows a major insurer using blockchain to issue tokenised exchange‑traded funds, which could encourage other European asset managers to adopt similar technology and increase demand for XRP.
Analyst inference
Ireland holds a large share of European ETF assets (78%) and most active ETF assets under management (96%), so a tokenised offering there could quickly spread across the continent’s fund market.
Analyst inference
What to watch
- If other European insurers or asset managers announce tokenised fund launches on XRPL, it would signal broader industry adoption of blockchain‑based securities. Analyst inference
- Regulatory responses in the EU and Ireland to tokenised securities, which could affect the speed and scale of further deployments on the XRP Ledger. Analyst inference
- Potential surge in XRP demand across Europe as Aviva’s Irish launch may encourage additional funds to tokenise assets on XRPL. Analyst inference
Affected assets
- XRP — XRP