Core Insights - DBS Bank has partnered with Ripple and Franklin Templeton to introduce new trading and lending opportunities utilizing XRP Ledger and RLUSD stablecoin [1][2] - The collaboration aims to provide accredited and institutional investors with access to innovative tokenized products [2][4] Tokenization - A Memorandum of Understanding (MoU) has been signed to launch tokenized trading and lending products linked to XRP Ledger and RLUSD [2] - The DBS Digital Exchange will list RLUSD alongside Franklin Templeton's tokenized money market fund coin, sgBENJI [2][7] Digital Asset Management - DBS emphasizes that the new offerings will enhance digital asset portfolio management, allowing for 24/7 trading and portfolio rebalancing [3] - XRP Ledger is chosen for its speed, low costs, and efficiency, making it suitable for high-volume, low-latency assets like tokenized money market funds [3] Market Context - The RLUSD stablecoin has a market cap of $729.78 million, ranking 8th among stablecoins, with a recent increase of approximately $60 million over the past month [5][7] - The relevance of stablecoins has surged following the U.S. GENIUS Act, which establishes a legal framework for stablecoin operations [6] Ripple's Strategic Positioning - Ripple is expanding its market presence, including recent developments in Dubai and Africa, with plans to enter Japan next year [8] - Following its settlement with the U.S. SEC, Ripple is actively involved in shaping future U.S. crypto legislation, including the CLARITY Act [8]

Partnerships & Listings - DBS Bank partners with Franklin Templeton and Ripple [1] - Listing Franklin Templeton's U S dollar money market fund token sgBENJI on DBS Digital Exchange [1] - Listing Ripple's U S dollar stablecoin RLUSD on DBS Digital Exchange [1] Services Offered - Providing accredited and institutional investors with trading services [1] - Providing accredited and institutional investors with lending services using tokenized funds and stablecoins [1]

Partnerships & Collaborations - The company is partnering with DBS Bank and FTI_Global to establish repo markets [1] - Investors can use $RLUSD to trade for Franklin Templeton's money market fund, sgBENJI [1] Tokenization & Digital Assets - The repo markets will be powered by tokenized collateral and stablecoins [1] - Franklin Templeton's money market fund, sgBENJI, is tokenized on the XRP Ledger [1] Liquidity & Yield - Tokenization opens new liquidity venues [1] - Investors can earn yield through trading tokenized assets [1] Institutional Adoption - Institutional momentum is building onchain [1]