SBI Ripple Asia and Doppler Finance are collaborating to develop XRP-based yield infrastructure and real-world asset (RWA) tokenization on the XRP Ledger (XRPL). The partnership aims to create regulated XRP yield opportunities for institutional adoption, focusing on custody segregation, eligibility controls, and return stream reporting. SBI Digital Markets will act as the institutional custodian. This initiative seeks to make XRP more productive by routing it into yield sources within a regulated framework, addressing the current limitations of XRP's DeFi footprint compared to platforms like Ethereum. XRPL currently has $64.4 million in total value locked (TVL) and $347 million in stablecoin market cap. The collaboration explores strategies like tokenized cash-equivalent yield and credit primitives to generate yield without native staking.

SBI Ripple Asia and Doppler Finance are collaborating to develop XRP-based yield infrastructure and real-world asset (RWA) tokenization on the XRP Ledger (XRPL). The partnership aims to create regulated XRP yield opportunities for institutional adoption, focusing on custody segregation, eligibility controls, and return stream reporting. SBI Digital Markets will act as the institutional custodian. This initiative seeks to make XRP more productive by routing it into yield sources within a regulated framework, addressing the current limitations of XRP's DeFi footprint compared to platforms like Ethereum. XRPL currently has $64.4 million in total value locked (TVL) and $347 million in stablecoin market cap. The collaboration explores strategies like tokenized cash-equivalent yield and credit primitives to generate yield without native staking.