Ripple’s Asia venture looks to make $XRP XRP a yield-bearing asset
What to know:
SBI Ripple Asia has partnered with Doppler Finance to explore XRP-based yield products and asset tokenization on the XRP Ledger.
The collaboration aims to build institutional-grade yield infrastructure and expand the use of tokenized real-world assets.
SBI Digital Markets will serve as the institutional custodian, providing segregated custody for client assets
This collaboration is about expanding XRP’s role beyond payments and positioning it as a productive, yield-bearing asset,” Doppler’s head of institutions said in the statement.
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