XRP yield-bearing asset initiative by SBI Ripple Asia and Doppler Finance
- Chalani Himasha
- 30 minutes ago
- 2 min read
Himasha Dissanayake, JadeTimes Staff
H. Dissanayake is a Jadetimes news reporter covering Asia & Technology
Image Source: X.Com
In a landmark development for Ripple’s presence in Asia, SBI Ripple Asia has entered into a strategic partnership with XRPL-native decentralized finance protocol Doppler Finance, aiming to transform XRP from a traditional payment token into a yield-bearing asset with institutional-grade financial products.
Under a recently signed Memorandum of Understanding (MoU), the collaboration will focus on building compliant and transparent yield infrastructure and exploring tokenization of real-world assets (RWAs) on the XRP Ledger (XRPL). This marks the first time SBI Ripple Asia — a joint venture between Japan’s SBI Holdings and Ripple — has formally partnered with an XRPL-native yield protocol.
The partnership seeks to develop institutional-grade XRP-based yield products that could appeal to banks, funds and other institutional clients, expanding XRP’s utility beyond cross-border payments into passive income generation. Doppler Finance is expected to provide on-chain yield frameworks, while SBI Digital Markets — a Monetary Authority of Singapore (MAS)-regulated custodian — will offer segregated custody solutions to ensure regulatory compliance and asset safety.
Executives from both organizations highlighted the potential for this initiative to drive broader adoption of XRP-centric financial services in Asia’s rapidly evolving digital asset markets. By layering yield-bearing capabilities onto XRP’s existing utility as a payments and settlement token, the venture could enhance institutional interest and liquidity for the token.
Industry observers note that Asia remains a strategic region for digital finance innovation, with diverse regulatory environments and significant demand for efficient financial infrastructure. The collaboration between SBI Ripple Asia and Doppler Finance may therefore mark a pivotal step in positioning XRP as a productive, yield-generating asset in regulated markets, signalling a shift toward more sophisticated financial products built on the XRPL.
