Skip to content
Back to Guavy Wire
Crypto

XRP Ledger Set for Tokenization Boost with Public Blockchain Dominance

Instruments
XRP
Share

Ripple President Monica Long recently participated in a session at the Korea Blockchain Week in Seoul, where she discussed the future of tokenization. When asked whether the majority of tokenized volume will be on private or public blockchains, Long replied 'public'.

This is beneficial for the XRP Ledger, a decentralized public Layer 1 blockchain, as it allows tokenized volume to flow to public blockchains. Confidential transfers (XLS-96) and permission delegation (XLS-75) are two features that will be introduced to the XRP Ledger soon.

Confidential transfers allow for institutional-grade privacy for Multi-Purpose Tokens (MPTs), while permission delegation enables accounts to delegate some permissions to other accounts. These features are expected to provide a more secure and efficient experience for users of the XRP Ledger.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc