Ripple proposed a 'Confidential Transfers' feature in XRP Ledger software version 3.3.0 to let institutions encrypt balances and payment amounts on Multi-Purpose Tokens.
The proposed Confidential Transfers feature on the XRP Ledger keeps account information and token types visible while encrypting individual transaction amounts.
The XRP Ledger version 3.3.0 software release includes five other institutional-focused amendments alongside Confidential Transfers, aiming to improve payments, token management, and settlement.
Proposed amendments to the XRP Ledger require at least 80% support from trusted validators, held continuously for two weeks, before they can go live.
Ripple announced strategic investments in British cloud software company ZILO on August 3, 2026 to bring regulated record-keeping and transfer agency tools to the XRP Ledger.
Ripple announced strategic investments in British company Licuido on August 3, 2026 to add regulated issuance, distribution, and collateral tools to the XRP Ledger.
The XRP Ledger holds approximately $1.38 billion in distributed real-world assets, including $845.7 million of Ripple's stablecoin RLUSD and $530 million in other tokenized assets.
The initial version of Confidential Transfers is optional, requires holders to opt in, and applies only to direct Multi-Purpose Token payments between accounts.
Aviva Investors launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger on July 29, 2026, with the Central Bank of Ireland approving the structure.
The proposed 'Batch' amendment for the XRP Ledger allows bundling up to eight transactions together, supporting an all-or-nothing mode where all steps must succeed.
The proposed 'Sponsor' amendment allows one account to cover the fees and reserve requirements of another, removing the need for new users to hold XRP.
The proposed 'Permission Delegation' amendment allows account owners to delegate limited transaction rights to third parties without relinquishing full control of signing keys.
The proposed 'Dynamic MPT' amendment allows Multi-Purpose Token issuers to modify certain token attributes, such as transfer fees and metadata, after issuance.
Ondo accounts for $212.6 million of tokenized assets on the XRP Ledger, followed by VERT Capital at $116.1 million, Archax at $55.4 million, and Societe Generale at $11.6 million.
Licuido operates an FCA-regulated trading platform as an appointed representative of Sapeno Partners LLP, targeting over $10 trillion of money market fund liquidity.
XRP Ledger Operations stated that the version 3.3.0 update reduces memory usage by 10% to 15% and improves node network synchronization speed.
ZILO previously raised £25 million in a Series A funding round in January 2024 co-led by Fidelity International Strategic Ventures and Portage, with participation from Citi.
