CoinDesk••1 min read
Ripple's XRP Eyes Yield-Bearing Opportunities in Asia Through SBI Digital
The Signal TakeNeutral
A new venture in Asia is exploring ways to make XRP a yield-bearing asset. SBI Digital Markets, a unit regulated by Singapore’s Monetary Authority, has been appointed as the institutional custodian for this initiative. According to reports, SBI Digital Markets will offer segregated custody for client assets. The development aims to expand the utility of XRP within the Asian market, potentially attracting more institutional interest.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet
CoinDesk•2h ago
SEC's big swing to clear tokenization path isn't likely to get resilience of full rule
CoinDesk•3h ago
Ethereum can quantum-proof accounts for just 7 cents, says Ethereum's Kohaku lead
Cointelegraph•3h ago
Pokémon Card Sales Are Surging on Crypto Platforms—Just Don't Call It Gambling
Decrypt •4h ago