Shocking Shift: Aviva and Ripple Turn Funds into Tokens
Aviva Investors, the global arm of Aviva plc that measures its worth not in bells of church towers but in the accumulation of asset management, joined itself to Ripple in a pact to give token form to traditional fund structures. On the XRP Ledger, a first in European corridors of asset management, they would attempt to render old instruments into something that moves with a rhythm familiar to the youth who worship at the shrine of speed and novelty. One could not help but smile at the notion: a venerable institution patting the shoulder of a bright, gleaming blockchain as if it were a nervous son whom one hopes to instruct in the ways of prudence and profit.


