RippleX Brings Five Key Features to XRP Ledger in Upcoming Upgrade

RippleX is preparing to roll out xrpld v3.3.0 next week, introducing five new features for tokenized assets, privacy, and institutional finance on the XRP Ledger.

The upgrade focuses on making it easier to transfer, trade, use as collateral, and settle tokenized assets across the network, according to Jazzi Cooper, RippleX Head of Product.

Cooper stated that XRPL has already shown it can support tokenized assets at scale. Now, the focus is on making those assets more usable for institutions.

The five new features include Batch Transactions, Permission Delegation, Confidential Multi-Purpose Tokens (Confidential MPT), Sponsored Fees and Reserves, and Dynamic Multi-Purpose Tokens (Dynamic MPT).