SBI Ripple Asia Partners with Doppler Finance to Explore RWA Tokenization

SBI Ripple Asia has collaborated with Doppler Finance to sign a memorandum of understanding (MOU) focused on developing XRP-based yield infrastructure and real-world asset (RWA) tokenization. This partnership aims to create a transparent yield infrastructure tailored for institutional clients, marking a significant step in the evolution of XRP from a payment asset to a yield-generating financial tool.

Key Takeaways

SBI Ripple Asia and Doppler Finance have entered into a partnership to develop yield infrastructure and RWA tokenization.
This collaboration leverages the XRP Ledger (XRPL) to enhance the utility of XRP as a yield-bearing asset.
SBI Digital Markets is appointed as the institutional custodian to ensure regulatory compliance and security.
The partnership strengthens Doppler Finance’s presence in Japan’s evolving digital asset market.
The goal is to bridge traditional finance with on-chain systems using advanced technology.

sbi-holdings

First Partnership Native to the XRPL

The collaboration signifies a notable advancement for the XRP ecosystem; SBI Ripple Asia is now directly associated with a protocol that operates on the XRPL.

Doppler Finance specializes in XRPfi infrastructure that caters to regulated environments, working hand-in-hand with SBI Ripple Asia to identify use cases that connect conventional financial standards with decentralized ledger technology.

Institutional Custody and Compliance

As part of this initiative, SBI Digital Markets—a digital asset firm regulated by the Monetary Authority of Singapore (MAS)—has been designated as the institutional custodian.

This arrangement offers segregated and independent custody, which helps reduce risks associated with exchanges and ensures that assets are maintained according to institutional security and governance standards. This custody framework is critical for building trust among regulated entities and financial institutions that are exploring yield exposure on the XRP Ledger.

Doppler Strengthens Its Presence in Japan

This collaboration greatly enhances Doppler Finance’s footprint in Japan, a key market for innovation and regulation in the digital asset space.

By partnering with SBI Ripple Asia—a joint venture between Ripple and SBI Holdings—Doppler is reinforcing its position as a reliable and compliant yield infrastructure provider within the XRP ecosystem.

To date, Doppler’s infrastructure has been adopted by qualified institutions and integrated with leading exchanges and wallets, making it an appealing choice for institutions looking for on-chain yield while adhering to regulatory and risk management standards.

Rox Park, the Head of Institutions at Doppler Finance, remarked, “Partnering with SBI Ripple Asia is a major validation of the trust and reliability we’ve built into the Doppler infrastructure.”

“Together, we aim to expand XRP’s role as a productive, yield-bearing asset while introducing institutional standards to the broader XRPL ecosystem,” Park added.

Bridging Traditional and On-Chain Finance

SBI Ripple Asia stated that the partnership aims to expedite the development of secure and transparent yield infrastructure on the XRP Ledger.

By merging Doppler’s institutionally-grade framework with SBI Ripple Asia’s extensive expertise in digital asset adoption throughout Japan and Asia, the partners are optimistic about capitalizing on opportunities to enhance XRP's utility and connect traditional finance with innovative on-chain systems.