Ripple has announced a strategic partnership with UK-based global asset manager Aviva Investors to develop tokenized versions of traditional funds on the XRP Ledger (XRPL). This collaboration, revealed on February 11, 2026, marks Ripple's first partnership with a Europe-based investment manager and Aviva Investors' formal entry into tokenized finance.
The initiative aims to convert conventional fund units into digital tokens, leveraging the XRPL's infrastructure for issuance, ownership tracking, and transfers. The goal is to improve operational efficiency, reduce costs, and enhance transparency compared to legacy administrative systems. Jill Barber, Chief Distribution Officer at Aviva Investors, stated, "We believe there are many benefits that tokenisation can bring to investors, including improvements in terms of both time and cost efficiency."
Despite this significant institutional development, the price of XRP has shown a bearish reaction. At the time of reporting, XRP was trading around $1.36, down 1% in 24 hours, and failed to break the key $1.41 resistance level. Technical indicators, including a Relative Strength Index (RSI) near 42 and bearish MACD divergence, suggest continued selling pressure. Analysts note that a break below $1.41 could lead to a retest of support near $1.25.
Market data indicates weakening interest in XRP. Futures Open Interest (OI) declined to $2.26 billion, continuing a downtrend from a record high of $10.94 billion in July. Furthermore, institutional demand for XRP spot ETFs showed zero inflows recently, with cumulative inflows stagnating at $1.23 billion.
The partnership underscores the XRP Ledger's institutional appeal, highlighted by its speed, low transaction fees, energy efficiency, and built-in compliance tooling. The XRPL has processed over 4 billion transactions and supports more than 7 million active wallets.