Aviva Investors Receives Approval from the Central Bank of Ireland to Launch Tokenized US Dollar Liquidity Fund

According to Cointelegraph, London-based asset management company Aviva Investors has launched tokenized shares of its US dollar liquidity fund on the XRP Ledger after receiving approval from the Central Bank of Ireland. Qualified investors can participate through digital wallets, while the fund's underlying assets remain held by custodian Bank of New York Mellon. Komainu provides digital asset custody, and Licuido offers tokenization infrastructure. The fund invests in high-rated short-term US dollar-denominated debt securities and money market instruments. The tokenized shares maintain the same investment objectives and liquidity characteristics as traditional funds.