SBI Ripple Asia to launch yield-based products based on XRP

According to TechFlow, on December 17, according to a certain exchange, Ripple's Asian project SBI Ripple Asia announced the signing of a memorandum of understanding with Doppler Finance to launch yield-based products based on XRP and to explore real-world asset tokenization on the XRP Ledger. It is reported that SBI Digital Markets, regulated by the Monetary Authority of Singapore, has been designated as the institutional custodian for the related products and will provide segregated custody services for client assets.