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12:37
SBI Ripple Asia partners with Doppler Finance to explore XRP yield generation and RWA tokenization
BlockBeats News, December 17, SBI Ripple Asia has signed a memorandum of understanding with XRPL native protocol Doppler Finance, planning to jointly explore XRP-based yield products and real-world asset (RWA) tokenization on the XRP Ledger. This is the first time SBI Ripple Asia has cooperated with a native XRPL yield protocol. According to disclosures, both parties will focus on building compliant and transparent yield infrastructure for institutional clients, promoting the transformation of XRP from a payment asset to a yield-generating financial asset. Doppler Finance will provide the on-chain yield framework, while SBI Digital Markets, regulated by the Monetary Authority of Singapore, will serve as the institutional custodian, offering segregated custody services for client assets. This collaboration is seen as an important step in deepening institutional participation in the XRP Ledger. For a long time, XRPL has been relatively limited in on-chain yield and financialization applications. Leveraging the regulatory and ecosystem advantages of SBI Group and Ripple in Asia, both parties hope to accelerate the process of yield generation for XRP and RWA on-chain, in response to the demand for tokenized assets and blockchain yield products in regions with clearer regulatory environments such as Japan and Singapore.
12:32
Data: 180,000 LINK transferred from a certain exchange to B2C2 Group, worth approximately $2.29 million
According to ChainCatcher, citing Arkham data, at 20:20, 180,000 LINK (worth approximately $2.29 million) were transferred from an exchange to B2C2 Group.
12:31
Hong Kong SFC: Total market value of virtual asset spot ETFs reaches HK$5.47 billions, tokenized fund size surges
The Hong Kong Securities and Futures Commission released its quarterly report, stating that as of the end of November, the total market value of spot virtual asset ETFs recognized by the Hong Kong SFC increased by 33% year-on-year to HKD 5.47 billion, and the number of products rose to 11. Since the launch of tokenized retail money market funds recognized by the Hong Kong SFC this year, the assets under management increased by 557% year-on-year to HKD 5.48 billion as of the end of November, with the number of funds rising to 8. In addition, in August, the Hong Kong SFC and the Hong Kong Monetary Authority jointly reminded investors to pay attention to market volatility related to the stablecoin concept.
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