SBI Ripple Asia has signed a strategic memorandum of understanding with Doppler Finance to develop XRP-based yield products directly on the Ledger. According to an official spokesperson for the Asian firm, this collaboration aims to accelerate the development of secure and transparent yield infrastructure, combining on-chain frameworks with SBI’s vast experience in digital asset adoption.
This alliance focuses primarily on creating institutional-grade infrastructure, enabling the expansion of the use of real-world assets tokenized on the blockchain. SBI Digital Markets, a unit regulated under the strict supervision of the Monetary Authority of Singapore, has been appointed as the official institutional custodian, offering segregated custody services to ensure maximum security for the assets of the corporate clients involved.
On the other hand, Doppler Finance will work closely with the Asian giant to develop financial instruments that are fully transparent and compliant with current regulations. By collaborating with a regulated financial group tied to SBI Holdings and Ripple, the native protocol gains direct access to one of the most established and trusted digital asset ecosystems in all of Asia, facilitating institutional capital entry into the Ledger environment.
Can XRP Become a Productive Asset Beyond Payments?
Likewise, this move marks a significant milestone in the industry, as it is the first time the firm has partnered with an XRP Ledger native protocol. Historically, this network has seen limited on-chain yield activity compared to other smart contract networks, so this initiative seeks to fill that crucial gap by offering robust financial solutions for institutions.
Furthermore, Doppler’s head of institutions highlighted that the collaboration positions the token as a productive asset, expanding its role beyond simple payments. If institutional adoption grows through these XRP-based yield products, the asset’s structural demand could increase significantly, which could positively influence market valuation and strengthen the overall liquidity of the ecosystem.
Finally, the agreement comes at a key moment where financial institutions are actively exploring tokenized assets in jurisdictions with clear regulatory frameworks like Japan and Singapore. The continued development of this infrastructure is expected to accelerate the integration of blockchain into traditional finance, opening new avenues for large investors to access secure and diversified yields in the near future.
