RLUSD Tokenized Funds Launched by Ripple With Partners

September 18, 2025 — Ripple, Franklin Templeton, and DBS Group announced a strategic collaboration to launch RLUSD tokenized funds. This initiative allows accredited and institutional investors to trade and lend using Franklin Templeton’s sgBENJI token alongside RLUSD on the DBS Digital Exchange.

The partnership represents a key step in integrating blockchain technology into traditional finance, improving liquidity, transparency, and efficiency across global markets.

Historical Context and Market Potential

Ripple’s RLUSD, launched in October 2024, has gained adoption with partners such as Uphold and Bitstamp. Its popularity stems from regulatory compliance and enterprise focus. Franklin Templeton’s tokenized funds date back to 2019 with the Franklin OnChain U.S. Government Money Fund. Meanwhile, DBS has pioneered digital asset trading since 2019 through the DBS Digital Exchange.

This RLUSD tokenized funds collaboration builds on Ripple’s 2025 work with DBS. It also aligns with growing institutional interest in stablecoins. Analysts estimate the sgBENJI token could attract $500 million in initial trading volume. RLUSD’s integration may push its market cap toward $10 billion by year-end.

Long-Term Implications for Finance and Tokenization

The launch of RLUSD tokenized funds signals a long-term evolution in financial markets. Over the next decade, the partnership could foster a regulatory framework for stablecoins and tokenized assets, integrating real-world assets like money market funds into blockchain ecosystems.