SBI Ripple Asia Partners with Doppler Finance

SBI Ripple Asia has signed a memorandum of understanding (MOU) with Doppler Finance to explore XRP-based yield products and real-world asset tokenization on the XRP Ledger. This marks the first time the firm has partnered with an XRPL-native protocol.

Key Highlights

• -First partnership between SBI Ripple Asia and an XRPL-native protocol
• -Focus on XRP-based yield products for banks and funds
• -Exploration of real-world asset tokenization on XRP Ledger
• -Potential to make XRP a yield-bearing asset for institutions

What This Means for XRP

This partnership signals growing institutional interest in XRP beyond simple payments. By enabling yield products, XRP could become more attractive to institutional investors looking for returns on their crypto holdings.

With XRP ETFs already attracting significant inflows, the addition of yield-bearing capabilities could further accelerate institutional adoption and increase demand for XRP.