Ripple Goes Institutional: What The Doppler Finance And SBI Partnership Means For XRP
PositiveCryptocurrency

- Ripple has taken a significant step towards enhancing the institutional relevance of XRP through its partnership with Doppler Finance and SBI Ripple Asia, which aims to develop XRP-based yield products for compliance-focused institutions. This collaboration marks a shift from retail-driven narratives to a more regulated financial infrastructure on the XRP Ledger.
- The partnership is crucial for Ripple as it seeks to position XRP not just as a means for fast, low-cost cross-border payments, but as a viable option for institutional investors looking to earn regulated yields, thereby expanding its market reach and appeal.
- This development aligns with Ripple's recent achievements, including gaining OCC approval to operate as a national trust bank and securing substantial investments from major Wall Street firms, indicating a broader trend of increasing institutional interest and regulatory acceptance in the cryptocurrency space.
— via World Pulse Now AI Editorial System







