SBI Ripple Asia and Doppler Finance, a leading XRPfi infrastructure provider, have signed an MOU to explore collaboration on XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger.
Marking SBI Ripple Asia’s first partnership with an XRPL-native protocol, the agreement gives way to a new chapter for institutional finance on XRPL. According to official reports, they aim to drive adoption of transparent, compliant, and yield-generating products on the network.
SBI Digital Markets, a MAS-regulated digital asset firm, has been appointed as the institutional custodian for the initiative, providing segregated custody to protect client assets from exchange-related risks.
The partnership strengthens Doppler Finance’s history with Japan, marking an important step in its global expansion. Working alongside SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, it reinforces Doppler’s position as a secure, compliant, and trusted yield infrastructure provider within the XRP ecosystem.
“Partnering with SBI Ripple Asia is a major validation of the trust and reliability we’ve built into the Doppler infrastructure,” said Rox Park, Head of Institutions of Doppler Finance.
“Together, we aim to expand XRP’s role as a productive, yield-bearing asset while introducing institutional standards to the broader XRPL ecosystem,” he added.
Doppler has a record of proven stability and has been adopted and integrated by qualified institutions, exchanges, and wallets, increasing its reliability for institutions seeking on-chain yield exposure without compromising on regulatory or operational standards.
“Doppler’s institutional-grade framework, combined with our deep expertise in digital asset adoption across Japan and Asia, creates a strong foundation for expanding the utility of XRP. We look forward to exploring new opportunities that bridge traditional finance and the evolving on-chain ecosystem,” said SBI Ripple Asia’s spokesperson.
The partnership brings together Japan’s leading digital finance group and a key builder of XRP’s yield infrastructure, building a base for deeper integration between on-chain innovation and traditional financial systems.
