TOKYO, Dec. 17, 2025 — SBI Ripple Asia and Doppler Finance (“Doppler”), a premier XRPfi infrastructure provider, have entered into a Memorandum of Understanding (MOU) to investigate potential cooperation on XRP-based yield infrastructure and real-world asset (RWA) tokenization on the XRP Ledger.

This alliance represents the inaugural partnership between SBI Ripple Asia and a native XRPL protocol, heralding a new era for institutional-quality finance on the XRP Ledger. Through this agreement, both entities seek to fast-track the adoption of transparent, regulation-compliant, yield-producing products developed on the XRPL.
SBI Digital Markets, a Monetary Authority of Singapore (MAS)-regulated digital asset partner, will serve as the institutional custodian for this venture, offering segregated and autonomous custody solutions. This arrangement protects client assets from exchange-associated risks while bolstering institutional-level security and confidence.
This partnership enhances Doppler Finance’s footprint in Japan’s financial landscape, representing a significant milestone in its worldwide growth. Teaming with SBI Ripple Asia—a joint venture created by Ripple and SBI Holdings, Inc.—reinforces Doppler’s standing as a dependable, regulation-compliant, and secure yield infrastructure within the XRP ecosystem.
Doppler’s demonstrated reliability, which has already been embraced by qualified institutions and incorporated by leading exchanges and wallets, establishes it as a trustworthy partner for organizations pursuing on-chain yield access without sacrificing regulatory or operational integrity. This endorsement from one of Japan’s most esteemed digital finance authorities further solidifies Doppler’s position as the institutional portal to XRP-based yield prospects.
“Collaborating with SBI Ripple Asia serves as significant confirmation of the trust and dependability we’ve integrated into the Doppler infrastructure,” stated Rox, Head of Institutions at Doppler Finance. “Jointly, we strive to broaden XRP’s function as a productive, yield-generating asset while bringing institutional standards to the wider XRPL ecosystem.”
“Through our collaboration with Doppler Finance, we seek to expedite the creation of secure and transparent yield infrastructure on the XRP Ledger,” remarked a spokesperson for SBI Ripple Asia. “Doppler’s institutional-quality framework, paired with our extensive experience in digital asset integration throughout Japan and Asia, establishes a robust basis for enhancing XRP’s utility. We anticipate discovering new possibilities that connect conventional finance with the developing on-chain ecosystem.”
This partnership signifies a powerful synergy between Japan’s foremost digital finance group and the primary developer of XRP’s yield infrastructure, clearing the path for upcoming integrations between conventional and on-chain financial networks.
About SBI Ripple Asia
Established in 2016 as a joint venture between SBI Holdings Group and Ripple Services, Inc. in the U.S., SBI Ripple Asia facilitates seamless cross-border transactions through Ripple Payments—a decentralized network of banks and payment providers leveraging Ripple’s distributed ledger technology to enable faster, more cost-effective, and secure payments.
About Doppler Finance
Doppler Finance spearheads the XRPfi sector by delivering an institutional-quality yield infrastructure built natively on the XRP Ledger. Our technology stack integrates regulated custody solutions, fully audited reserves, and rigorously screened yield strategies engineered for security and scalability. We believe XRP should generate yield comparable to any major asset, and we’re transforming that vision into reality with unparalleled transparency, control, and trustworthiness. Our institutional yield infrastructure is currently utilized by institutions and integrated within major exchanges and wallets.
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About SBI Digital Markets ()
SBI Digital Markets operates as a subsidiary of SBI Digital Asset Holdings, the digital asset division of Japan’s premier conglomerate SBI Group. Boasting Japan’s largest securities account customer base and second-largest trading marketplace, SBI Group maintains a global presence spanning 26 countries and regions, encompassing critical markets in Asia and Europe. SBI Digital Markets provides clients with an end-to-end digitalization framework covering origination, tokenization, distribution, and custody services for both traditional and Web 3 products.
CONTACT: Media Contact Information Doppler Finance PR Team pr@doppler.finance
