Haciyev Reşit 
The flow of noteworthy partnership news in the crypto world continues. The latest development marks a major milestone for the XRP ecosystem. According to Reuters, DBS Bank, Singapore’s largest bank, along with Franklin Templeton, a leading U.S.-based asset management company, have entered into a strategic collaboration with Ripple.
This partnership aims to accelerate tokenized financial services and expand the use of digital assets.
Partnership Details
DBS Bank will list both Franklin Templeton’s tokenized money market fund sgBENJI token and Ripple’s stablecoin RLUSD on its digital asset platform, DBS Digital Exchange.
Through this listing, accredited and institutional investors will be able to trade tokenized funds and stablecoins, while also gaining access to credit services.
Franklin Templeton will issue the sgBENJI token directly on Ripple’s XRP Ledger (XRPL).
This move could significantly increase the adoption of Ripple’s blockchain infrastructure in institutional financial products.
What It Means for Investors
DBS Bank emphasized that this setup allows investors to transition between different tokenized assets, offering opportunities for additional returns.
The bank also revealed that, in the future, sgBENJI tokens could be:
- Used as collateral for loans,
- Backed by bank-supported redemption mechanisms to enhance liquidity.
This means investors won’t just have access to trading but also to a broader range of financial products.
Statement from DBS Digital Exchange CEO
Lim Wee Kian, CEO of DBS Digital Exchange, highlighted the importance of the partnership:
“This collaboration shows how tokenized securities can play a transformative role by delivering greater efficiency and liquidity in global financial markets.”
A Strategic Step for Ripple
Ripple’s stablecoin RLUSD will gain direct access to the institutional investor base through this partnership.
At the same time, having Franklin Templeton, which manages over $500 billion in assets, issue a token on the XRP Ledger represents a huge prestige boost for the XRP community.
This development could further strengthen Ripple’s long-standing vision of institutional adoption and blockchain-based payment solutions.
Evaluation
The strategic partnership between DBS Bank, Franklin Templeton, and Ripple is set to:
- Expand the use of XRP Ledger in global financial products,
- Bring stablecoins and tokenized funds to a wider range of investors,
- Demonstrate how Asia-based financial institutions are quickly positioning themselves in the digital asset space.
For both XRP investors and the institutional finance world, this collaboration is seen as a strong signal of major opportunities ahead.
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