NewsHK
Institutional fund managers are pressing regulators to accept blockchain infrastructure inside conventional product wrappers, and the Central Bank of Ireland has granted one of the clearest approvals yet.
Aviva Investors has launched a new share class of a regulated US dollar liquidity fund built on the XRP Ledger, giving eligible investors blockchain-based access while keeping traditional custody arrangements in place.
The approval puts a regulated, publicly identifiable structure on the map for XRPL-based fund tokenization in an EU-supervised jurisdiction.
How the share class is structured The new share class sits on top of an existing regulated US dollar liquidity fund.
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