According to CoinMeta, Aviva Investors has announced the launch of its first tokenized money market fund (MMF) share class on the XRP blockchain, in collaboration with Ripple. The aim is to manage a US dollar liquidity fund. The Central Bank of Ireland has approved the collective investment plan for this fund (UCITS). Aviva Investors stated that it will deploy $1.34 million into the tokenized XRP blockchain for the first time, and described the partnership with Ripple as laying a scalable foundation for future fund allocation and market infrastructure innovation. The total asset management scale of this fund's other share classes amounts to $1.23 billion.