XRP Ledger v3.3.0 Upgrade Targets Banks and Tokenized Assets With Five New Features
RippleX plans to release xrpld v3.3.0 next week, a server update that introduces five protocol amendments aimed at making the XRP Ledger more attractive to banks and businesses working with tokenized assets. The announcement came from Jazzi Cooper, RippleX Head of Product, in a post on July 31, 2026.
Two of the five features are being restored after earlier versions were pulled following security audits that found critical issues. The update signals a push to move XRPL beyond basic token issuance into more complex financial use cases.
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Five amendments designed for institutional use
According to Cooper, the amendments are intended to help institutions transfer, trade, collateralize, and settle tokenized assets more efficiently. Here is what each feature does:
- Batch Transactions — Combines up to eight transactions into a single package that either all succeed or all fail, reducing costs and improving network efficiency.
- Permission Delegation — Lets businesses grant limited account access to employees or third parties without sharing full wallet control, improving institutional asset management security.
- Confidential Multi-Purpose Tokens (Confidential MPT) — Hides token balances and transaction amounts from public view while allowing regulators or approved auditors to access the data when needed.
- Sponsored Fees and Reserves — Enables companies to pay network fees on behalf of their users, so customers may not need to hold XRP just to use applications on the ledger.
- Dynamic Multi-Purpose Tokens (Dynamic MPT) — Allows token issuers to update certain token settings after launch without creating a new token, helping businesses adapt to changing regulations.
These features target a common pain point for enterprise blockchain adoption: the need for privacy, flexible permissions, and cost predictability in a public ledger environment.
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Governance process still ahead
The release of the server software does not mean the features are active. Under XRPL’s governance rules, each amendment must receive at least 80% support from trusted validators for 14 consecutive days before it becomes part of the main network.
That process can take weeks or longer, depending on validator sentiment. The upcoming release also reflects how quickly XRPL’s roadmap is moving. Just weeks ago, these features were still under development, while validators were mainly reviewing bug-fix updates for lending, vaults, permissioned exchanges, and multi-purpose tokens.
If approved, the amendments could strengthen XRPL’s position as a leading blockchain for real-world asset tokenization and enterprise applications. The ledger has already demonstrated its ability to support tokenized assets at scale, and these upgrades are designed to make those assets more practical for day-to-day institutional use.
For now, market participants and developers will be watching validator votes closely. The outcome will determine whether XRPL can deliver on its promise of a more strong infrastructure for the tokenized economy.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile and uncertain. Readers should conduct their own research before making any investment decisions.
