SBI Ripple Asia has signed a memorandum of understanding with Doppler Finance to explore collaboration on real-world asset tokenization and XRP-based yield infrastructure built on the XRP Ledger. The non-binding agreement focuses on developing transparent, institution-ready yield mechanisms that could expand XRP’s role beyond payments.
The initiative will target institutional clients and regulated environments, with Doppler providing XRP-native infrastructure designed to align with traditional financial standards. SBI Digital Markets, a Monetary Authority of Singapore-regulated entity, has been appointed as institutional custodian, offering segregated custody and governance controls intended to mitigate counterparty risk.
The partnership reflects broader industry efforts to bring tokenized assets and on-chain yield products into regulated financial markets. For the XRP ecosystem, the collaboration underscores growing interest in positioning the ledger as a platform for compliant financial use cases, particularly in Asia’s closely supervised digital asset landscape.