Komainu will act as strategic digital asset infrastructure partner for Aviva Investors’ tokenized USD Liquidity Fund share class on the XRP Ledger
St Helier, Jersey, 29th July, 2026 – Komainu, the institutional gateway for digital assets, has been selected to support the launch of the first tokenized fund share class of the Aviva Investors US Dollar Liquidity Fund.
The launch marks an important milestone in the development of institutional tokenization, bringing together a leading global asset manager, enterprise-grade blockchain infrastructure and regulated institutional digital asset services to support a live, regulated fund structure. The tokenized share class has been designed using a digital twin model, allowing investors’ holdings to be represented on-chain while preserving the integrity, investor protections and operational framework of the existing fund structure.
Komainu has supported the launch as a strategic digital asset infrastructure partner, providing regulated institutional digital asset custody for the wallets associated with the issuer and investor ecosystem. The role reflects the evolution of custody from safekeeping alone to a core component of the operating model required for banks and financial institutions to access tokenized assets, manage digital ownership records and participate in the next phase of financial market infrastructure.
The launch marks the first tokenization of an Aviva fund, following the firm’s partnership with Ripple announced earlier this year, and follows growing institutional interest in tokenization as asset managers, banks and market participants explore how blockchain-based infrastructure can improve the efficiency, transparency and resilience of capital markets. While crypto assets remain an important part of the digital asset market, the longer-term opportunity extends well beyond crypto into tokenized securities, funds, collateral and other real-world assets.
Darren Jordan, Chief Commercial Officer, Komainu, said: “Aviva Investors’ launch is an important moment for institutional tokenization because it demonstrates how regulated financial products can be brought on-chain in a way that is practical, controlled and aligned with existing market standards. Komainu’s role is not simply to provide custody, but to help institutions build the secure operating model they need to participate in digital finance with confidence.”
Paul Frost-Smith, Group Managing Director, Komainu, said: “Tokenization is moving from concept to implementation. The market is now focused on real use cases that can improve capital efficiency, reduce settlement friction and support new forms of distribution. The ability to combine regulated fund structures with digital transferability and auditable on-chain records is a significant step towards more efficient capital markets. As more institutions look to issue, hold and transact in tokenized assets, trusted digital asset infrastructure, like Komainu, becomes a strategic imperative. Supporting institutional tokenization is a key focus for Komainu.”
Mark Versey, CEO, Aviva Investors, said: “We are delighted to have worked with Komainu on the launch of our first tokenized fund share class. Komainu’s experience in digital asset custody and infrastructure has been central to building a framework we are confident in. We look forward to continuing to explore how tokenization can drive greater efficiency across capital markets.”
Nigel Khakoo, SVP, Trading and Markets, Ripple, said: “Aviva Investors has done something genuinely significant by taking a regulated, established fund structure and bringing it on-chain. What makes this launch notable is not just the technology but the depth of infrastructure behind it, reflecting how a robust, end-to-end digital asset ecosystem is taking shape. The XRP Ledger was built for exactly this kind of institutional application. This initiative set a strong precedent for asset managers looking to explore tokenized fund structures at scale.”
Brian Lynch, CEO and Co-Founder at Licuido, said: “Licuido was founded by people who have spent decades working inside capital markets. We understand the operational complexity, the regulatory expectations and the trust that institutions place in their infrastructure partners. That experience is what shaped our platform, and it’s what makes this launch with Aviva Investors and Komainu significant. Tokenisation is not about replacing what works. It’s about giving asset managers the tools to evolve it, step by step, towards a fully digital future. This is that first step.”
Komainu’s involvement in the Aviva Investors launch is a strategic example of its rapidly expanding role in supporting institutional access to tokenized assets. The firm has previously provided custody support and collateral management services for tokenized money market and liquidity products, including BlackRock’s BUIDL token, and continues to work with institutions seeking to bridge traditional finance and digital asset markets through regulated, bank-grade infrastructure.
ENDS
About Komainu
Komainu is the institutional gateway for digital assets, headquartered in Jersey, with offices in London, Dubai, and Singapore. Offering bank-grade infrastructure for institutional investors, Komainu provides seamless, connected and secure services with multi-jurisdictional regulatory oversight, merging expertise from traditional financial services with leading security standards for the next generation of institutional digital asset custody, servicing & financing.
Komainu (Jersey) Limited is regulated by the Jersey Financial Services Commission.
Komainu MEA FZE is regulated by the Dubai Virtual Assets Regulatory Authority.
For more information, visit https://www.komainu.com