Ripple Joins Forces with DBS and Franklin Templeton to Launch Tokenized Trading and Lending for Institutions
- Ripple DBS and Franklin Templeton will offer real time trading between a stablecoin and a tokenized fund.
- Investors can use tokenized assets as collateral to access credit through DBS or third party platforms.
- The XRP Ledger will support the tokenized fund and enable low cost and fast transactions for institutional clients.
Ripple has partnered with DBS and Franklin Templeton to introduce tokenized trading and lending services. The firms signed a memorandum of understanding in Singapore. The initiative integrates Ripple’s RLUSD stablecoin with Franklin Templeton’s tokenized money market fund, sgBENJI. DBS Digital Exchange (DDEx) will list both assets for trading.
This move enables real-time trading between a yield-bearing asset and a stablecoin. The site is aimed at institutional and accredited investors. This is aimed at simplifying portfolio management and access to liquidity during volatility in the market.
Integrated Ecosystem for Yield and Liquidity
Clients can trade seamlessly between RLUSD and sgBENJI on the DDEx. The platform supports rapid portfolio rebalancing with yield-generating options. This addresses one of the key concerns in digital investing—volatility without returns.
The collaboration will also support lending features. DBS plans to allow clients to use sgBENJI as collateral. Investors can access credit lines or repos either through DBS or third-party platforms. The exchange will act as custodian for the pledged digital assets.
XRP Ledger Powers Tokenization
Franklin Templeton will issue sgBENJI on the XRP Ledger. The company selected this blockchain for its high transaction speed and low cost. This enhances the efficiency of tokenized securities and broadens access to regulated, on-chain products.
Ripple’s XRP stablecoin, denoted as RLUSD, lies at the center of this framework. It provides a dollar-based alternative of digital settlements that are secure. Under this arrangement, investors can have flexibility between cash-like assets and income-generating products.
Expanding Use Cases and Institutional Focus
This platform aligns with Ripple’s recent efforts to position RLUSD as a global settlement tool. Ripple launched its RLUSD stablecoin in December last year. Earlier, Ripple shared plans to introduce RLUSD to African financial markets. The target audience includes enterprises and financial institutions seeking stable, dollar-based digital liquidity.
The new venture also reflects growing institutional interest in tokenized assets. It gives investors regulated tools to manage capital more efficiently. With tokenized lending and trading on one platform, users can reduce reliance on multiple intermediaries.
In a separate development, Ripple’s RLUSD stablecoin will also be accepted by Tembo, the EV unit of VivoPower. Tembo will allow vehicle purchases using the stablecoin. This marks one of the first moves by an automaker to adopt RLUSD. Earlier this year, Ripple appointed BNY Mellon to safeguard RLUSD reserves using cash and US Treasuries for greater security and trust.
The alliance between Ripple, DBS, and Franklin Templeton marks a notable shift. It enables institutional access to tokenized financial instruments through a unified ecosystem.
