DBS, Franklin Templeton, and Ripple Unite for Tokenized Lending on XRP Ledger
In a groundbreaking collaboration, DBS Bank, Franklin Templeton, and Ripple have announced the launch of tokenized trading and lending services aimed at institutional investors, leveraging the capabilities of the XRP Ledger. This initiative is designed to provide a more effective mechanism for managing market volatility through the integration of tokenized money market funds and stablecoins. The partnership was formalized through a memorandum of understanding (MOU), as revealed in a press release on Thursday. According to Lim Wee Kian, CEO of DBS Digital Exchange, the collaboration highlights the necessity for infrastructure that can accommodate the dynamic needs of a 24/7 digital












