SBI Ripple Asia plans to launch a revenue-generating product based on XRP.

Odaily Planet Daily reports that Ripple Asia's SBI Ripple Asia project has announced a Memorandum of Understanding (MOU) with Doppler Finance to launch XRP-based yield-generating products and explore real-world asset tokenization on the XRP Ledger. SBI Digital Markets, regulated by the Monetary Authority of Singapore, has been appointed as the institutional custodian for these products, providing segregated custody services for client assets. (CoinDesk)