Ripple’s Asia venture looks 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, offering segregated custody for client assets. 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.