Aviva Investors, the asset management arm of UK insurer Aviva, has launched a tokenized share class of its Sterling (GBP) Liquidity Fund on the XRP Ledger (XRPL), according to a joint announcement with Ripple. The fund, Aviva's largest with about 22 billion British pounds ($29.4 billion) in assets under management, can now be invested in in tokenized form. It is Aviva's second tokenized fund on XRPL, following the earlier expansion of its USD Liquidity Fund in July, and about 86 million pounds is now invested across its two tokenized share classes, including 50 million pounds in the new class. According to RWA.xyz, the XRP Ledger ranks ninth among blockchains for tokenized real-world assets, with $642 million in distributed value and about 2,900 unique holders.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Keywords
cryptotokenizationinvestment trustsUKinsurance
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $82.0B |
| Close on 10/25/2026 | 1.29620 |
| Change that session | -0.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
Federated Hermes, a Pittsburgh-based investment manager overseeing $911 billion in assets, plans to issue its first tokenized fund share classes in early 2027 and is partnering with Prometheum to make them available through brokerages and financial advisers. Unlike past arrangements in which third parties tokenized its products, the firm intends to issue the tokenized shares itself, with money market funds as a likely starting point, according to digital asset director Kevin Barr. Prometheum will provide regulated brokerage, custody and clearing services, and Barr said access, rather than blockchain technology, has been a main barrier to adoption. The move follows BlackRock, Franklin Templeton, JPMorgan and New York Life, and Citi projects the tokenized securities market could reach $5.5 trillion by 2030.
- FinTech Global FS Regulatory Round - up - W / e 25 September 2026
This weekly regulatory roundup covers the TNFD’s final sector guidance for technology and communications, which includes a water-risk use case for semiconductor manufacturing and datacentres. The FCA published Handbook Notice 144 on cryptoassets, including a 10% cap on cryptoasset exchange traded notes held by retail funds and the removal of most approval notifications for cryptoasset promotions. FCA CEO Nikhil Rathi said the UK must move from experimentation to adoption of tokenisation, citing potential benefits of £33 billion a year for GDP and £14 billion in tax revenue, and a joint roadmap with the Bank of England is planned. The Bank of England also consulted on 2026/27 fees for recognised payment systems and specified service providers, with responses due by 22 October 2026, while the EBA published its response to the European Commission’s MiCAR review.
- What Will 10 Ethereum (ETH) Be Worth by 2030?
The article estimates what 10 Ethereum (ETH) could be worth by 2030 under different price scenarios. At about $2,335 per ETH, 10 ETH is worth about $23,350, and ETH trades 52.8% below its all-time high of $4,946. The price fell 12.5% over the past month and 40.4% over the past year, but rose 24.6% over the last 90 days from a June low of $1,505. The article calls $5,000 the most realistic base case, which would make 10 ETH worth $50,000, while $10,000 (a market cap above $1 trillion) appears less likely. If ETH falls below $1,505, a bear case could leave 10 ETH valued at just $15,000. The piece also notes that cumulative net inflows into U.S. spot Ethereum ETFs fell to $12.7 billion, and that JPMorgan's and BlackRock's tokenization moves on Ethereum have had little immediate effect on the price.
- Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
So far 22 publicly traded companies have objected to having their shares tokenized and traded on the OKX and ICE venue under the SEC's innovation exemption, including Microsoft, Alphabet, Goldman Sachs, McDonalds, Wells Fargo and Cisco. Under the rules, a venue must notify the issuer and allow 30 days to object; silence counts as consent and cannot be withdrawn once trading begins, so objecting can be the rational choice for legal and investor-relations teams still assessing the new structure. Some industry figures say the objections reflect caution toward a new process rather than rejection of tokenization, while Nasdaq objects to trading tokenized versions of its stock outside the National Market System over concerns about fragmented liquidity and weaker price discovery. Securitize and BitGo said they will not object to the listing.
- Wells Fargo, Cisco, Marvell among latest firms objecting to OKXICE's tokenized stock plan
Cisco, Wells Fargo, Marvell, Arm, Intuit and Moderna have opted out of OKXICE's plan to offer blockchain-based trading of their tokenized shares, bringing total objections to 22, according to Reuters. The objections are a hurdle for the joint venture of crypto exchange OKX and NYSE parent Intercontinental Exchange under the SEC's new framework, which gives issuers 30 days to block their shares from trading on a tokenized securities venue. OKXICE co-chairman Andrew Cuomo said objections were expected, as many companies prefer to wait and see how the new market works. The venture's original roster covered 62 companies, but Wells Fargo and Arm were not on it, so the 22 objections cannot all be counted as departures from that list. An objection blocks trading only on that venue and does not signal opposition to all forms of stock tokenization.
- Bank of Italy Scotti Urges Staged Investment in Digital Finance
Bank of Italy Deputy Governor Chiara Scotti urged lenders to build adaptable digital-finance systems and test them in limited stages, since demand and the market's eventual design remain uncertain. She warned that customers may reach financial services through interfaces controlled by platforms, which could make banks less visible. A Boston Consulting Group model estimated that a regional bank pairing digital-asset custody with other services could add $80 million to $100 million in profit, though this was modelled rather than reported earnings. ECB data put tokenized assets on public blockchains at €38 billion in February 2026, up from €7.4 billion in early 2024. The Eurosystem launched Pontes on Sept. 21 to settle wholesale transactions in tokenized assets in central bank money.
Related markets
Latest news
- Micron Just Delivered a Monster Quarter, but the Stock Is Plummeting. The Reason Is Obvious.
Micron (MU) posted record fiscal fourth-quarter results, with revenue of $54.2 billion, up nearly 380% year over year, and EPS of $32.87, and guided to $61.5 billion in revenue for fiscal Q1 2027. Despite this, the stock has fallen roughly 20% since the report and was about 29% below its all-time high as of Oct. 22. The article attributes the sell-off to concerns about the sustainability of AI capital spending, high valuations and whether the memory industry's unusually high profitability will last, while the iShares Semiconductor ETF has declined 15% since the report. The author views the forward P/E of about 7 as modest and believes investors may have already priced in considerable downside risk.
- YYForce Applauds Tesla and Elon Musk on Commencing Manufacturing of Optimus Humanoid Robots
YYForce Inc. (NASDAQ: YFOR) congratulated Tesla and Elon Musk after Tesla said production of its Optimus humanoid robot has begun in Fremont, California, a phase Tesla describes as early ramp. YYForce plans to deploy its first humanoid robot at Novotel Singapore on Stevens in early November 2026 to evaluate hospitality applications, with the scope depending on technical readiness and initial results. The company stresses that this is a separate initiative: the release announces no partnership or endorsement involving Tesla, and the robot to be deployed is not a Tesla Optimus.
- Elon Musk predicts many neoclouds will experience 'guppy-level death'
SpaceX (SPCX) confirmed it has closed a $40 billion finance lease deal for Nvidia (NVDA) AI chips, backed by Apollo. Elon Musk said debt markets have largely stopped lending to neoclouds that rely on revenue to pay for data centers, and that more than 200 neoclouds will see "guppy-level death" through consolidation, with few surviving. The $40 billion deal has not yet priced; Bloomberg reported its debt could price at around 8%, above earlier expectations, while CoreWeave's debt is trading at about 15%. Chamath, an AI bull, also said it will be a consolidation year for a few. The hosts noted Musk's comments may be self-serving, or aimed at talking prices down so he can pick up more computing capacity.
- Moderna Tumbles 7% as Cancer Vaccine Selloff Deepens; BioNTech Falls 3%, Pfizer Holds Steady
Moderna shares fell 7% to $185.74 in morning trading after its personalized melanoma vaccine, intismeran autogene, given with Keytruda, met its primary goal of reducing the risk of recurrence or death, but its effect on distant metastasis was far smaller than an earlier mid-stage study suggested. Detailed late-stage results were released on October 22 ahead of a conference in Madrid. BioNTech fell 3% to $85.65, Merck fell 0.2% to $145.61 and Pfizer fell 0.2% to $29.96, while the iShares Biotechnology ETF rose 0.2% to $208.21. The article notes Moderna's business relies entirely on mRNA medicines, so the vaccine carries a large share of its pipeline value, and says the next step is whether the full dataset supports a regulatory filing.
- HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein raised its revenue estimates for Robinhood Markets (HOOD) for 2026, 2027 and 2028 by 3%, 4% and 3% respectively, and kept its $160 price target unchanged. The firm expects prediction markets to grow from about $650 million this year to $1.7 billion in 2028, surpassing projected crypto-based revenue of $1.6 billion and accounting for roughly 18% of the projected $9.4 billion in total 2028 revenue. Bernstein expects Q3 revenue to rise 13% quarter over quarter to around $1.5 billion, driven by equity, options and event contract volumes and a recovery in crypto trading. HOOD was set to open lower, with premarket trading at $93.60, and is down more than 29% over the past 12 months.
- One Catalyst Could Completely Change the Tesla Stock Story
The article argues that the unsupervised Robotaxi fleet could decide the Tesla stock story, but its economics have not yet shown up in reported results. The 24/7 Wall St. model sets a price target of $404.84, 8.1% above the $374.58 close on October 22, and rates the stock hold because it sees shares trading near fair value. In Q3, revenue of $28.05 billion and EPS of $0.48 beat estimates, but operating income fell 55.79% as R&D rose to $2.76 billion and battery supply limited deliveries to 486,532 vehicles. Free cash flow dropped 61.63% to $1.53 billion, while management expects about $20 billion in capex this year. Traders put 65.5% odds on a SpaceX merger being announced by the end of 2027.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.