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August 7, 2025 – Doppler Finance, the pioneering XRP-native yield protocol, today announced the successful close of a $3 million seed funding round, spearheaded by Reforge VC. This significant investment marks a pivotal moment for Doppler Finance as it prepares to dramatically expand its offerings beyond its initial CeDeFi yield strategy to a comprehensive suite of XRPfi services, including a dedicated lending protocol and a liquid staking solution built on the XRPL/TRN.
The seed round, which concluded on August 7, 2025, will accelerate Doppler Finance's mission to establish robust and innovative financial services within the XRP Ledger (XRPL) and TRN ecosystems. Reforge VC's leadership in this round underscores a strong belief in Doppler Finance's vision and the burgeoning potential of the XRP-native decentralized finance (DeFi) space.
"We are incredibly excited to announce our $3 million seed round, led by the esteemed Reforge VC," stated a spokesperson for Doppler Finance. "This investment is a powerful validation of our team's hard work and our strategic approach to building the foundational financial infrastructure for the XRP ecosystem. It will enable us to rapidly develop and deploy a broader range of XRPfi products, empowering users with more opportunities to engage with and benefit from their XRP holdings."
This latest funding builds upon the success of Doppler Finance's pre-seed round, which was successfully secured on February 27, 2025. The pre-seed round saw participation from notable investors including Born Ready Ventures, CRIT Ventures, Trive Digital, and Greenwhale. This initial capital allowed Doppler Finance to develop and launch its flagship XRP-native yield product, demonstrating the viability and demand for compliant, efficient yield generation within the XRP community.
Doppler Finance aims to address the growing demand for sophisticated DeFi tools tailored specifically for XRP. By expanding its services to include a lending protocol, users will be able to borrow and lend XRP and other supported assets, unlocking liquidity and new financial strategies. The planned liquid staking service will further enhance capital efficiency, allowing XRP holders to participate in network security while retaining liquidity for other DeFi activities.
A representative from Reforge VC commented on their investment, saying, "Doppler Finance stands out as a critical innovator within the XRP ecosystem. Their commitment to building compliant, secure, and user-friendly XRPfi solutions aligns perfectly with our investment thesis in foundational Web3 infrastructure. We believe Doppler Finance is uniquely positioned to drive significant growth and adoption of decentralized finance on the XRPL, and we are proud to support their journey."
The funds from the seed round will be primarily allocated towards accelerating product development, expanding the engineering and operations teams, and strengthening strategic partnerships within the XRPL and broader crypto communities. Doppler Finance remains committed to fostering a secure and transparent environment for all its users as it rolls out these new services.
About Doppler Finance:
Doppler Finance is the first XRP-native yield protocol, dedicated to building a comprehensive suite of decentralized financial services on the XRP Ledger (XRPL) and TRN. Starting with a CeDeFi yield strategy, Doppler Finance is expanding its offerings to include a lending protocol and liquid staking services, aiming to unlock new opportunities and enhance capital efficiency for XRP holders globally.About Reforge VC:
Reforge VC is a venture capital firm that invests in early-stage technology companies with disruptive potential. With a focus on innovative solutions and strong founding teams, Reforge VC partners with companies poised to redefine their respective industries.Compiled by CMO Intern team
