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TechFlow, December 17 — According to CoinDesk, SBI Ripple Asia announced it has signed a memorandum of understanding with Doppler Finance to launch yield-generating products based on XRP and explore real-world asset tokenization on the XRP Ledger. SBI Digital Markets, regulated by the Monetary Authority of Singapore, has been designated as the institutional custodian for the relevant products and will provide segregated custody services for client assets.
According to CoinDesk, Ripple's Asian venture SBI Ripple Asia has announced a memorandum of understanding with Doppler Finance to launch yield-generating products based on XRP and explore real-world asset tokenization on the XRP Ledger. SBI Digital Markets, regulated by the Monetary Authority of Singapore, has reportedly been designated as the institutional custodian for the relevant products, providing segregated custody services for client assets.
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