Institutional-grade yield protocol Doppler Finance has completed a $3 million seed funding round to activate the dormant $200 billion liquidity pool within the XRP Ledger ecosystem. The investment was led by blockchain-focused firm Reforge with participation from DCG, Hashkey Capital and other major crypto investors.

Addressing XRPL's Yield Gap

The XRP Ledger currently holds approximately 【$200 billion】 in market capitalization, yet less than 0.1% of this value generates on-chain yield. Unlike Ethereum and Solana, XRPL lacks native staking mechanisms and institutional-grade financial infrastructure, leaving most assets idle.

——This represents one of crypto's largest untapped opportunities—— said Carl Hua of Reforge, noting Doppler's compliance-first approach could set new standards for institutional participation.

Building Regulatory-Compliant Infrastructure

Doppler's solution integrates with qualified custodians including Fireblocks and BitGo, ensuring assets remain off-exchange during yield generation. The platform provides:

• Real-time proof of reserves audits
• Third-party strategy vetting
• Institutional custody partnerships

RLUSD Stablecoin Integration

The protocol will leverage Ripple's newly launched RLUSD stablecoin as a core liquidity mechanism. Early testing shows over 【$500 million】 in institutional capital awaiting deployment through Doppler's vault system.

Interestingly, while competitors chase high APYs, Doppler focuses on sustainable yields between 3-8% - a strategic decision reflecting its institutional positioning.

Expansion Plans

The funding will accelerate U.S. market entry, targeting regulated funds and fintech platforms. Doppler is also developing API solutions for easier integration by wallets and custodians.

As of press time, XRP's price showed 【5.2%】 weekly gains amid growing ecosystem activity. Industry observers suggest this infrastructure development could significantly impact XRP's utility valuation metrics moving forward.