Gate News updates: SBI Ripple Asia announced that its token issuance platform based on the XRP Ledger (XRPL) has officially completed development and gone live. This marks an important step forward in blockchain’s application within regulated financial services. The platform enables businesses to issue and manage tokens directly on-chain, and integrates with existing applications through APIs, enabling seamless access to and use of digital assets. At the same time, the platform has integrated wallet control technology that meets regulatory requirements for financial instruments to ensure compliance and security.
On March 26, 2026, SBI also obtained third-party prepaid payment issuer accreditation, allowing the company to issue tokenized prepaid payment tools in accordance with Japan’s Payment Services Act, combining blockchain technology with compliant financial products. The system is planned for use in real-world scenarios such as tourism destinations and regional economic zones. By leveraging digital incentives, it aims to strengthen payment and loyalty mechanisms, providing infrastructure support for XRPL to be implemented in the real economy.
In addition, SBI has recently partnered with Korea’s DSRV to conduct XRPL research, focusing on optimizing cross-border payment efficiency between Japan and Korea. The research team will explore how to improve payment processes and address issues such as regulatory coordination, integration with existing systems, and operational challenges—helping drive XRPL’s adoption in regional payment corridors. If the research is successful, it will provide a model case for Asian institutions to adopt blockchain settlement solutions, further reinforcing XRP’s position in real financial scenarios.
Overall, SBI Ripple Asia’s platform not only represents a technical breakthrough in XRPL tokenization, but also reflects a new trend in combining blockchain with compliant financial services. Going forward, the company plans to deepen collaboration with partners and the community, expand the use of digital assets in traditional finance and regional economies, and provide businesses and consumers with innovative payment and asset management solutions.
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