SBI Ripple Asia signs an MOU with Doppler Finance to explore real-world asset tokenisation on the XRP Ledger.
SBI Ripple Asia and Doppler Finance have signed a Memorandum of Understanding to explore collaboration on XRP-based yield infrastructure and real-world asset tokenisation on the XRP Ledger (XRPL).
The partnership marks SBI Ripple Asia’s first collaboration with an XRPL-native protocol and signals growing institutional interest in compliant, yield-generating products built on the XRPL. Through the collaboration, Doppler Finance will strengthen its footprint in Japan’s financial ecosystem while supporting institutional adoption of XRP-based yield products.
SBI Digital Markets, a MAS-regulated digital asset partner, has been appointed as the institutional custodian for this initiative, providing segregated and independent custody solutions.
Rox Park, Head of Institutions at Doppler Finance, said: “Partnering with SBI Ripple Asia is a major validation of the trust and reliability we’ve built into Doppler. Together, we aim to expand XRP’s role as a productive, yield-bearing asset.”
An SBI Ripple Asia spokesperson added: “By collaborating with Doppler Finance, we aim to accelerate the development of secure and transparent yield infrastructure on the XRP Ledger and expand XRP’s utility across Asia.”
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