BlockBeats News, December 17 – SBI Ripple Asia and XRPL native protocol Doppler Finance have signed a memorandum of understanding to jointly explore interest-bearing products based on XRP and tokenization of real-world assets (RWA) on the XRP Ledger. This is SBI Ripple Asia’s first collaboration with an XRPL native yield protocol. According to disclosures, the two parties will focus on building compliant and transparent yield infrastructure for institutional clients, promoting the transformation of XRP from a payment asset to a yield-generating financial asset. Doppler Finance will provide an on-chain yield framework, while SBI Digital Markets, regulated by the Monetary Authority of Singapore, will serve as the institutional custodian, offering segregated custody services for client assets. This partnership is seen as an important step in deepening institutional participation in the XRP Ledger. For a long time, XRPL’s on-chain yield and financialization applications have been relatively limited. Leveraging SBI Group’s and Ripple’s regulatory and ecological advantages in Asia, both parties aim to accelerate the interest-bearing and RWA onboarding processes for XRP, aligning with the demand for tokenized assets and blockchain yield products in regions with clearer regulatory environments such as Japan and Singapore.
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