DBS, Franklin Templeton, and Ripple Forge Landmark Partnership to Launch Tokenized Trading and Lending on XRP Ledger
Financial giants shake up traditional finance with blockchain-powered solutions
Three industry titans—DBS, Franklin Templeton, and Ripple—just dropped a bombshell collaboration that's set to revolutionize digital asset infrastructure. The partnership will deploy tokenized trading and lending services directly on the XRP Ledger, bypassing legacy financial plumbing entirely.
Tokenization meets institutional muscle
DBS brings Asian banking dominance, Franklin Templeton contributes trillion-dollar asset management expertise, and Ripple delivers battle-tested blockchain technology. Together they're building what traditional finance has failed to create—seamless digital asset services that actually work for institutions.
The XRP Ledger advantage
Forget clunky legacy systems. The partnership leverages XRP Ledger's proven scalability and low-cost transactions to create financial products that actually make sense in 2025. No more waiting days for settlements or paying outrageous intermediary fees.
Because apparently traditional finance needed another reminder that blockchain does everything better—except maybe generate those juicy overdraft fees banks love so much.
DBS to Help Clients Unlock Liquidity
Further, DBS is planning to explore enabling sgBENJI tokens to be used as collateral to obtain credit from bank-run repo transactions or third-party platforms, where DBS WOULD act as the agent holding the collateral.
The MOVE gives clients access to wider liquidity pools, enabling them to leverage their digital assets to obtain credit.
“2025 has been marked by a series of industry-firsts when it comes to traditional financial institutions moving onchain – and the linkup between Ripple, DBS and Franklin Templeton to enable repo trades for a tokenised money market fund with a regulated, stable and liquid mode of exchange such as RLUSD is truly a game-changer,” said Nigel Khakoo, VP and Global Head of Trading and Markets at Ripple.
Regulated Tokenized Assets Finally Get Institutional Runway in Asia
Major funds in the APAC region are looking for frictionless digital on-ramps. When it comes to compliance, Singapore has one of the strictest—but clearest—crypto regulatory regimes.
The MOU ensures adherence to AML/KYC and investor protection rules, setting a best-practice example.
Singapore’s largest lender, DBS, already offers tokenized structured notes on the ethereum public blockchain to eligible investors of digital platforms, including ADDX, DigiFT and HydraX. The city-state has been deepening its role as a hub for tokenized finance.
Besides, Monetary Authority of Singapore (MAS), has been advancing industry trials under Project Guardian. It has been exploring how asset tokenization can be integrated with existing market infrastructure.
