cryptonews.net
SBI Ripple Asia and Doppler Finance have signed a memorandum of understanding to explore cooperation on XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger. The initiative focuses on developing compliant, transparent products for institutional use within the XRPL ecosystem.
The agreement marks the first collaboration between SBI Ripple Asia and a protocol native to the XRP Ledger. The companies plan to support yield-generating mechanisms tied to XRP and tokenized real-world assets, aiming to bridge traditional finance with on-chain infrastructure.
SBI Digital Markets, a digital asset firm regulated by the Monetary Authority of Singapore, will act as the institutional custodian for the project. It will provide segregated custody and asset protection designed for institutional clients and regulated market participants.
Doppler Finance expands its footprint in Japan through the partnership, strengthening ties with local financial institutions. SBI Ripple Asia is a joint venture backed by Ripple and SBI Holdings, a major Japanese financial group.
Doppler Finance, an XRPL-native yield infrastructure provider, is already used by qualified institutions and integrated with exchanges and wallets. The collaboration positions it as a core infrastructure partner for XRP-based yield products.
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