Ripple Teams With Aviva to Tokenize Funds, While XRP Stumbles Near $1. 30
Ripple has signed a deal with Aviva Investors, the investment arm of UK insurer Aviva, marking its first partnership with a European asset manager.
This collaboration could open the door for broader institutional use of Ripple’s blockchain platform.
Key Highlights
- Tokenization Benefits
- Rapid, low‑cost issuance of tokenized funds.
Built‑in compliance tools tailored for regulated markets.
- Project Timeline
- Rollout planned through 2026 and beyond.
Goal: Increase the number of tokenized assets on the network.
- Platform Readiness
- Ripple’s VP of Trading confirms that the ledger now supports large‑scale production, not just pilot projects.
Aviva’s Perspective
“Tokenization cuts costs and speeds up processes.” – Chief Distribution Officer, Aviva Investors
XRP Price Snapshot
| Level | Significance |
|---|---|
| $1.30 | Critical psychological support; below this, pressure mounts at $1.00. |
| $1.90–$2.00 | Current horizontal support zone; a break below indicates deeper weakness. |
| $1.20–$1.30 | Recent low; a rebound here is needed before aiming higher. |
| $1.50–$1.60 | Target for a bounce back to regain confidence. |
| $1.74 Supertrend | Next key resistance; requires solid recovery above $1.90–$2.00. |
- Trend Analysis:
- Bearish trendline still cutting off rallies from the $3.60 peak.
Recent break below $1.40 and touch of $1.20–$1.30 zone signal potential decline.
- Indicators:
- Money Flow Index shows heavy selling, approaching oversold territory.
Bottom Line
Ripple’s new partnership with Aviva Investors could bolster institutional confidence in the XRP Ledger. However, XRP investors must monitor the price closely as it struggles to maintain stability near the $1.30 threshold.