DBS Bank Shatters Barriers: Now Accepts $736M Tokenized Fund as Collateral as RLUSD Launches on DDEx

Singapore's banking giant just rewrote the rulebook on digital asset utility.

DBS Bank now accepts tokenized funds worth a staggering $736 million as repo collateral—marking one of the largest institutional adoptions of tokenized assets to date.

RLUSD goes live on DDEx

The move coincides with the live deployment of RLUSD on DDEx, positioning the platform as a serious contender in the institutional digital finance space. No more hypotheticals—real assets are now moving on-chain.

Why this changes everything

Banks have long talked about blockchain integration. DBS is actually doing it. This isn't just a pilot or a proof-of-concept—it's a full-scale operational shift that brings traditional finance and digital assets closer than ever.

Because nothing says 'innovation' like finally letting billion-dollar funds escape spreadsheet purgatory and actually work for their keep.

Franklin Templeton to expand to XRP Ledger

Franklin Templeton is preparing to expand its token interoperability by launching sgBENJI on the XRP Ledger.

Roger Bayston, Head of Digital Assets at Franklin Templeton, emphasized that tokenization can “reshape the global financial ecosystem” and highlighted the role of the blockchain network in unlocking new use cases for securities trading.

According to RWA.xyz data, the fund is already live on seven other blockchains, including Stellar, Arbitrum, and Base, and currently manages more than $736 million in tokenized assets.

The integration with the XRP Ledger is expected to push adoption further and strengthen cross-chain functionality.

At the same time, DBS is preparing to allow clients to post sgBENJI tokens as collateral for repurchase agreements with banks or as security on third-party lending platforms.

The firm argued that this WOULD extend liquidity channels for institutional investors while assuring lenders of tokenized, regulated fund exposure.