Financial layer for tokenised capital markets @doppler_fi started with just yield vaults for $XRP and $RLUSD. Their new roadmap: becoming the financial operating layer for tokenized assets Basically building more primitives for people to earn yields on their assets, borrow against it or use it across financial products • More assets and networks: cbXRP vaults on @Base, planned expansion to @CantonNetwork, and tokenized stocks also being explored • More strategies: managed vaults where external institutional trading firms run their strats using Doppler’s custody and settlement infra (treasuries, MMFs and credit strategies) • Lending and credit: developing native XRPL lending, with institutional credit planned • Tokenized positions: vault receipt tokens first, followed by loans, credit exposures and fund interests --> positions become transferable, with potential use as collateral in other protocols Took a small position after they got @binance Alpha • Tokenized RWA meta looks here to stay catalyst by @RobinhoodCrypto, with more assets moving onchain --> more demand for infrastructure that makes these assets (finally) useful onchain • Existing traction: They also have Earn integrations with @Bybit_Official and @BitgetWallet. Reminds me of @ethena improving their distribution via these big players who already a user base and distribution • TradFi credibility: partnerships with SBI Ripple Asia and SBI Digital Finance bring institutional relationships in Japan • Access: already listed on @okx (extremely hard to get a Day 1 spot listing these days) and @krakenfx • Token utility: base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 staking is designed to unlock selected product benefits (advanced vaults and strategies) Start with XRP yield --> add more assets and strategy managers --> build lending and transferable financial positions --> support more activity across tokenized capital markets