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DBS bank [https://invezz.com/wp-content/uploads/2025/09/dbs-ripple-partner.png] Ripple has partnered with DBS Group and asset manager Franklin Templeton to offer accredited and institutional investors access to tokenized money market fund trading and lending solutions on Ripple’s XRP ledger and with stablecoins such as Ripple USD (RLUSD). XRP price jumped amid the news, adding to an uptick seen after CME Group announced options on XRP and Solana futures. The Ripple token also mirrored the bullish outlook for cryptocurrencies following the Federal Reserve’s interest rate cut on Wednesday. The token traded around $3.08, up 2% as Bitcoin surged above $117k and Ethereum broke the $4,600 mark. RIPPLE, DBS AND FRANKLIN TEMPLETON PARTNER The partnership follows a memorandum of understanding between DBS, Franklin Templeton and Ripple to support the adoption of tokenized assets on-chain. DBS, through its digital asset exchange DDEX, will list Franklin Templeton token sgBENJI alongside RLUSD. sgBENJI is the token of Franklin Onchain U.S. Dollar Short-Term Money Market Fund, the asset management firm’s tokenised money market fund. This is the latest in a long list of partnerships between Ripple and major financial institutions. Listing…
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