Key highlights:
- XRPL is inching closer to new protocol amendments to bolster the network’s capabilities for institutional finance
- XRPL will bring back two previously withdrawn features alongside three new upgrades that improve privacy, settlement and token management
- Ripple is burrowing deeper into tokenization with fresh investment in two UK-based companies
XRP Ledger developers are preparing to roll out five protocol amendments in the upcoming xrpld 3.3.0 software release to expand the network’s capabilities for tokenized assets. The release also marks the return of two features that developers previously withdrew after security researchers uncovered critical vulnerabilities.
XRP Ledger expands tokenized infrastructure with five upgrades
RippleX Head of Product Jazzi Cooper disclosed that the five amendments will move the XRP Ledger beyond the simple issuance of tokenized assets, enabling real-world financial workflows. Cooper, in an X post, revealed that XRPL is eyeing the deployment of XRPL-based tokenized assets in global transfers, trading, collateralizing, and settling.
XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.
The upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…
— Jazzi Cooper (@jazzicoop) July 31, 2026
One of the proposed additions, Confidential MPT, combines zero-knowledge proofs with elliptic-curve encryption to keep Multi-Purpose Token balances and transfer amounts private. The proposal allows auditors to verify transactions when necessary, addressing a longstanding requirement for financial institutions considering the use of public blockchain infrastructure.
XRPL is eyeing Sponsored Fees and Reserves to enable banks and application providers to pay XRP transaction fees and account reserve requirements on behalf of users. According to Cooper, the upgrade will remove a major onboarding barrier by eliminating the need for every participant to first acquire XRP before interacting with applications on the network.
Meanwhile, Dynamic MPT will allow token issuers to determine at creation which token properties, including transfer fees or metadata, can be modified later. The capability will help issuers adapt to evolving business needs or regulatory requirements without forcing holders to migrate to newly issued tokens.
The xrpld 3.3.0 release also revives Batch and Permission Delegation, two amendments that failed to pass after researchers identified security flaws. Batch allows up to eight transactions involving different accounts to execute atomically, while Permission Delegation allows institutions to assign narrowly defined transaction permissions.
Under the XRP Ledger’s governance model, each proposal must receive support from at least 80% of trusted validators for two consecutive weeks before it becomes active on the network. However, the release is anticipated to go live before the end of the week, with validators declaring support for the raft of changes.
Ripple goes hard into tokenization with new investments
Despite the buzz around the upgrades, the XRP price is only up a modest 0.5% over the last day.
Amid the incoming amendments, Ripple has announced strategic investments in ZILO and Licuido to improve its tokenization capabilities. FCA-regulated platform Licuido focuses on token issuance and distribution while ZILO operates as a transfer agency and custodian for asset managers.
Back in June, Ripple rolled out a developer toolkit for agentic payments on the XRP Ledger, expanding network functionalities. In terms of regulatory compliance, Ripple has made key inroads, clinching OCC approval to operate as a national trust bank.
Source:: The XRP Ledger Is Getting an Upgrade This Week, Here's What's New