DBS, Franklin Templeton и Ripple: Пионеры в мир токенизированных финансовых решений Translation: DBS, Franklin Templeton, and Ripple: Pioneers in the World of Tokenized Financial Solutions

DBS, Franklin Templeton, and Ripple have formed a partnership to introduce trading and lending solutions based on tokenized money market funds and the RLUSD stablecoin, leveraging the XRP Ledger blockchain.

The parties have signed a memorandum of understanding, aiming to enhance access to digital assets for institutional and accredited investors.

«They require solutions that can meet unique demands, available around the clock without constraints. This partnership illustrates how tokenized securities can fulfill this role while also enhancing the efficiency and liquidity of global financial markets,» stated Lim Vi Kian, the CEO of DBS Digital Exchange.

The DBS Digital Exchange will issue RLUSD alongside sgBENJI, a tokenized money market fund coin from Franklin Templeton (Franklin Onchain US Dollar Short-Term Money Market Fund).

Clients will have the ability to exchange these assets 24/7 to rebalance their portfolios during periods of market volatility, with single transactions taking just a few minutes.

In the next phase of the partnership, the trading platform will explore the use of sgBENJI to provide liquidity. One application mentioned is obtaining loans through a repurchase agreement, with DBS acting as the agent holding the collateral.

«This provides clients with access to broader liquidity pools and assures both clients and external lenders that the collateral is held by a trusted bank,» the release stated.

To strengthen the tokenization ecosystem, Franklin Templeton will integrate sgBENJI into the XRP Ledger. The publication highlighted that Ripple’s protocol was chosen for its speed, efficiency, and low transaction costs.

The primary goal of the collaboration is to create a 24/7 global settlement network that reduces reliance on traditional banks with set hours.

«Blockchain and tokenization unlock new powerful opportunities that can transform the global financial ecosystem,» added Roger Bayston, head of digital assets at Franklin Templeton.

It’s worth noting that on August 22, the Second Circuit Court of Appeals in the U.S. approved the settlement agreement between the Securities and Exchange Commission and Ripple Labs, bringing an end to the litigation that had been ongoing since 2020.