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Ripple Partners with Aviva Investors to Tokenize Traditional Assets

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Ripple has announced a new partnership with Aviva Investors, marking a significant step toward the tokenization of traditional financial assets on the XRP Ledger. This partnership will bring the benefits of tokenized fund structures to the UK investment sector. Ripple’s collaboration with Aviva Investors highlights the growing momentum behind the tokenization of markets and the expanding use of blockchain technology in traditional finance.

Ripple Partners with Aviva Investors for Tokenized Fund Structures

Ripple has teamed up with Aviva Investors, a key asset manager in the UK, to bring traditional financial assets onto the XRP Ledger. This collaboration represents a strategic move to expand Ripple’s efforts in the tokenization space. Both parties aim to bring technological efficiencies to the investment sector by developing tokenized fund structures.

Ripple has been at the forefront of blockchain and digital asset innovation, with the XRP Ledger having processed over four billion transactions since 2012. It currently operates with more than seven million active wallets and 120 individual validators. This marks Ripple’s first partnership with an asset manager in the UK, as it seeks to integrate regulated financial assets into its blockchain ecosystem.

The partnership is set to enable Aviva Investors to debut tokenized financial products using Ripple’s blockchain technology. The collaboration promises to enhance both time and cost efficiency in the investment process. Ripple’s involvement in tokenization is part of a broader strategy to institutionalize blockchain-based financial solutions, adding to its existing portfolio of global partnerships with firms like BNY Mellon and American Express.

Ripple’s Continued Focus on Institutional Tokenization

Ripple has been building on its vision to offer institutional-grade tokenization solutions on the XRP Ledger. The firm’s recent roadmap emphasized its commitment to expanding the adoption of tokenized assets, aiming to enhance liquidity and operational efficiency across financial markets. This partnership with Aviva Investors is part of Ripple’s ongoing efforts to integrate traditional finance with blockchain technology.

Aviva Investors shares Ripple’s enthusiasm for the potential of tokenization in transforming financial markets. According to Nigel Khakoo, Vice President of Trading and Markets, the development of tokenized fund structures can bring substantial technological advancements to the investment sector. Tokenization, he explained, could lead to greater scalability for regulated financial assets.

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Ripple’s tokenization efforts have already made waves in other industries. The company has recently provided custody services for Billiton Diamond and Ctrl Alt’s initiative to tokenize over $280 million in polished diamonds. Ripple’s expanding focus on tokenization is poised to reshape how financial assets are managed and traded on blockchain platforms.

Ripple’s Commitment to XRP as the Core Asset

Despite its expanding ventures into tokenization and other blockchain technologies, Ripple remains committed to XRP as its core asset. CEO Brad Garlinghouse reaffirmed that XRP continues to be the company’s top priority. This statement follows speculation that Ripple might be shifting its focus toward its stablecoin, RLUSD, particularly in light of its recent partnership with Zand Bank in the UAE.

Ripple’s dedication to XRP is evident in its significant investment in the digital asset’s future. The company has established a $1 billion treasury project for XRP, signaling its long-term vision for the coin. While Ripple continues to innovate in the blockchain space, it remains focused on the continued growth and utility of XRP within its ecosystem.

As Ripple forges ahead with its strategic initiatives, its commitment to XRP serves as the foundation for its broader ambitions. The firm’s ongoing efforts to integrate traditional financial assets onto blockchain platforms further highlight XRP’s potential in the future of global finance.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Stragegy’s (MSTR) STRC shares rebound to par value faster than historical average to enable more BTC buying

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Stragegy's (MSTR) STRC shares rebound to par value faster than historical average to enable more BTC buying

Stretch (STRC), the perpetual preferred equity issued by Strategy (MSTR), the world’s largest corporate holder of bitcoin, reclaimed its $100 par value during Thursday’s trading session, giving the company the leeway to raise funds to add to its stash of the largest cryptocurrency.

The recovery took nine trading days following the March 13 ex-dividend date, when buyers of the stock no longer qualify for the next payout. Prices of ex-dividend stocks typically drop to reflect the cash being distributed to the previous shareholders.

At its core, STRC works by adjusting yield to steer price. If shares trade above $100, the company can trim the dividend to cool demand. If shares fall below that level, it can raise dividends to attract buyers. Keeping the price anchored lets the firm issue new shares near par, bringing in capital that is then deployed to buy bitcoin.

The return to par, this time, was slightly faster than the historical average of around 10 trading days for STRC, according to STRC.live.

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STRC functions as a short-duration, high-yield credit instrument, offering an 11.5% annual dividend paid monthly. This structure helps incentivise trading near its $100 par value, enabling the company to utilise at-the-market (ATM) share issuance to raise capital for additional bitcoin acquisitions.

In comparison, SATA, the equivalent tool issued by bitcoin treasury company Strive (ASST), offers a higher 12.75% dividend. Currently priced at $99.25, it is also approaching par value.

Strategy bought 1,031 bitcoin last week for a total cost of $76.6 million, or $74,326 per coin. However, the magnitude of that buy was far lower than that of recent acquisitions, and STRC wasn’t at par during last week’s bitcoin purchase.

The firm’s holdings now stand at 762,099 bitcoin, bought for approximately $57.69 billion, at an average price of $75,694 per bitcoin.

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Read more: Michael Saylor’s Strategy dominates DAT bitcoin buying as treasury demand collapses

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TradFi Is Buying Bitcoin Again, But War, Inflation May Unravel The Rally

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TradFi Is Buying Bitcoin Again, But War, Inflation May Unravel The Rally

Bitcoin’s (BTC) consolidation continued into Thursday as bulls struggled to keep hold of $70,000, and competing narratives on BTC’s market structure versus its increasing institutional adoption clashed with the bearish overarching factors negatively impacting US equity markets. 

Citing Bernstein’s $150,000 by the end of 2026 price estimate, Bloomberg analysts said that data shows institutional investors returning to the Bitcoin markets in droves, reinforcing the view that BTC had “reached a floor.”   

In early March, a week-long stretch of inflows to the spot Bitcoin ETFs nearly topped $1 billion, while Strategy purchased 22,237 BTC for $1.6 billion through its new perpetual preferred equity, Stretch (STRC). In addition to the success of STRC, Strategy also unveiled plans to raise capital to buy $44.1 billion in additional Bitcoin. 

Further proof of institutions stepping back into the crypto market came from $10 trillion asset manager Morgan Stanley filing documents to launch its own spot Bitcoin ETF. Morgan Stanley recommends investors maintain a 2% to 4% allocation to cryptocurrencies, and on March 26, a proposed Labor Department rule, which would permit brokerages that manage and offer services in the $10 trillion 401(k) retirement plan market to invest in Bitcoin, progressed through the White House’s regulatory review process.  

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On Thursday, Coinbase also launched token-backed down payments for Fannie Mae loans, essentially permitting Bitcoin holders to use BTC and USDC to fund home mortgages. The offering allows investors holding Bitcoin to unlock the trapped liquidity of BTC without selling or generating a taxable event. 

Related: US Bitcoin ETFs post 6-day inflow streak as crypto rallies

How important is Bitcoin’s $70,000 support?

While institutional investors’ renewed interest in buying Bitcoin has clearly returned, BTC’s price volatility and its inability to break out of a near 6-month price downtrend remain clear hurdles. The ongoing US-Israel and Iran war, along with President Trump’s threat to send ground troops to Iran continues to negatively impact stock markets and cryptocurrencies. 

On Thursday, in a Truth Social post, President Trump said Iran’s negotiators had “better get serious soon, before it is too late, because once that happens there is NO TURNING BACK, and it won’t be pretty!” The clear buildup of US military assets deployed to the Middle East has markets worried that a ground operation could begin as early as this weekend. 

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Truth Social post from President Donald Trump. Source: Truth Social

Following a series of comments from the President, US markets sold off, with the DOW shedding 400 points, while the S&P 500 and Nasdaq saw 1.49% and 2.07% respective losses. On the other hand, WTI crude oil and Brent Crude rallied, with each seeing gains of over 4%.

With growing uncertainty on which direction the US-Israel and Iran war takes and the longer-term impact of record-high oil prices on US inflation and the wider economy, investors are electing to decrease their exposure to volatility. 

BTC/USD 1-day chart. Source: TradingView

This explains Bitcoin’s frequent re-visits to prices below $70,000 along with the short-lived nature of rallies in the $71,000 to $76,000 range. That said, one positive is that institutional and retail investors appear to view $70,000 and below as an optimal buying zone, thus reinforcing the level as support.