New XRP Ledger amendments target $530 million in tokenized Wall Street assets
60-second summary
A new XRPL amendment proposal is targeting $530 million in tokenized Wall Street assets by enabling institutions to encrypt token balances and transfer amounts, while still granting issuers, auditors, and regulators selective access. This move aims to increase security and compliance for institutional investors, potentially paving the way for wider adoption of tokenized assets in traditional finance markets.
A new XRPL amendment proposal would let institutions encrypt token balances and transfer amounts while still giving issuers, auditors and regulators selective access.