Doppler Finance Brings Institutional-Grade Infrastructure to Coinbase's Wrapped XRP

Doppler Finance is expanding its institutional-grade yield infrastructure to Base, bringing new financial infrastructure for Coinbase Wrapped XRP. The asset is backed by more than $113 million in XRP reserves.

The phased deployment aims to expand lending and collateral opportunities while positioning tokenized assets for wider institutional use.

Rox Park, Head of Institutions at Doppler Finance, stated: 'The next phase of tokenized finance requires infrastructure that extends beyond any single blockchain.'

This integration places a wrapped representation of XRP inside Base's decentralized finance ecosystem, allowing holders to interact with applications while maintaining exposure to the underlying digital asset.