Partnership
DBS Bank Taps Ripple and Franklin Templeton for Tokenized Money Market Fund
Singaporean banking giant leverages XRP Ledger and RLUSD stablecoin to offer institutional clients on-chain, yield-generating products, signaling growing adoption of digital assets in traditional finance.
September 18, 2025
Companies mentioned:
DBS Bank, Ripple, and Franklin Templeton are launching a tokenized money market fund.
The product will use the XRP Ledger and Ripple's RLUSD stablecoin for settlement.
The offering targets institutional and accredited investors, blending traditional assets with blockchain technology.
DBS, a major Singaporean bank, is partnering with asset manager Franklin Templeton and Ripple to offer a tokenized money market fund to its institutional and accredited investors. The collaboration will utilize the XRP Ledger and Ripple's new stablecoin, RLUSD, to facilitate the trading and settlement of the tokenized fund.
This initiative allows DBS clients to access innovative trading and lending solutions powered by tokenized securities. The partnership is a significant step in the convergence of traditional financial products and blockchain technology, providing a real-world use case for stablecoins and tokenization in a regulated environment.
The move signals a growing trend of established financial institutions exploring the benefits of on-chain finance. By tokenizing a traditional investment product like a money market fund, the firms aim to enhance efficiency, transparency, and accessibility for institutional-grade financial services.
Read More:
https://Ripple.com/ripple-press/dbs-franklin-templeton-to-launch-trading-and-lending-solutions-tokenised-mmf-ripple-stablecoin-rlusd/
Don't Miss the Next Big Shift
The Stabledash newsletter keeps you off the timeline and dialed into modern money. Five minutes daily, filtering the noise so you focus on what matters.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.