Executive Summary
- •The Central Bank of Ireland approved the UCITS fund for the existing money market.
- •The asset manager will initially deploy $1.34 million into the Ripple network.
- •These digital tokens remain completely non-transferable and can only be issued, minted, or redeemed.
Community Sentiment
Key Developments & Data
Aviva launches its first tokenized money market fund on XRP $XRP.
The Central Bank of Ireland approved the UCITS fund for the existing money market.
The asset manager will initially deploy $1.34 million into the Ripple network.
These digital tokens remain completely non-transferable and can only be issued, minted, or redeemed.
"Each Digital Token represents, and is at all times directly linked to, a corresponding traditional share of the Fund and cannot exist independently of such traditional share." — Aviva Investors
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