News
Public · Published
The $XRP Ledger has landed in the heart of Europe's fund industry. Ireland domiciles 78% of all European ETF assets and 96% of active ETF AUM! And now Aviva with their @Ripple partnership has launched a tokenised fund on the XRPL. This could be the gateway to XRPL adoption
Aviva, working with Ripple, has created a tokenised fund that runs on the XRP Ledger, marking the first such blockchain‑based fund launched in Ireland's ETF‑focused market.
Published:
Updated:
What happened
Aviva, working with Ripple, has created a tokenised fund that runs on the XRP Ledger, marking the first such blockchain‑based fund launched in Ireland’s ETF‑focused market.
Confirmed
Global impact / market context
The fund brings blockchain settlement to a region that holds most European ETF assets, potentially lowering transaction costs and speeding clearing, which could draw more investors to the XRP ecosystem.
Analyst inference
Ireland houses 78% of European ETF assets and 96% of active ETF assets under management, making it the central hub for fund investors and a key target for new technology adoption.
Confirmed
What to watch
- How Irish regulators treat tokenised funds, because regulatory clarity will determine whether other asset managers feel comfortable using the XRP Ledger for similar products. Analyst inference
- Whether other European fund managers launch comparable tokenised offerings, which would expand the use of the XRP Ledger across the continent’s investment industry. Analyst inference
- The trading activity of Aviva’s tokenised fund, where higher volume would show investor demand for blockchain‑based ETFs and support broader adoption. Analyst inference
Affected assets
- XRP — XRP