Key Notes

DBS will list a Franklin Templeton tokenized fund and Ripple's stablecoin on its digital exchange.

The partnership allows institutional clients to trade and earn yield on the assets, which are issued on the XRP Ledger.

The total value of on-chain Real-World Assets surpasses $30 billion. .

Singapore’s largest bank, DBS Group, has partnered with asset manager Franklin Templeton and Ripple to offer institutional trading and lending for tokenized assets on the XRP Ledger. The collaboration was announced on Sept. 18. It will include listing Franklin Templeton’s sgBENJI money market fund token and Ripple’s RLUSD stablecoin on the DBS Digital Exchange.

According to a Reuters report , the integration is designed to increase market efficiency and liquidity. The platform will allow

See Full Page