XRP Ledger Upgrades with Five New Features for Institutional Finance

The XRP Ledger is getting ready for its biggest upgrade yet with the release of xrpld v3.3.0, which will introduce five new features focused on tokenized assets, privacy, and institutional finance.

RippleX's Head of Product Jazzi Cooper said that XRPL has already shown it can support tokenized assets at scale, but now the focus is on making those assets easier to transfer, trade, use as collateral, and settle across the network.

The upcoming release includes five protocol amendments designed to improve how institutions use the XRP Ledger. Two of these features are being restored after earlier versions were removed due to security audits that found critical issues.

One of the biggest additions is Batch Transactions, which allows users to combine up to eight transactions into one package. If all transactions succeed together, they're processed as a single transaction; if any fail, the entire batch fails.

Another key feature is Permission Delegation, which enables businesses to give limited account access to employees or third parties without sharing full control of their wallets.

The update also introduces Confidential Multi-Purpose Tokens (Confidential MPT), which hides token balances and transaction amounts from public view while still allowing regulators or approved auditors to access the information when needed.