The XRP Ledger just rolled out a shiny new token standard called Multi-Purpose Tokens, officially live after a nimble 14-day activation sprint.
This little beauty is set to boost how the XRPL handles tokenization, especially for real-world assets and institutional use.
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Built-in compliance checks
Vet, one of XRPL’s dUNL validators, threw some digital confetti in a tweet celebrating this milestone, MPTs are here, and they’re ready to shake things up.
The new token standard, Multi Purpose Tokens, just got activated on the XRP Ledger ✅.
Let the tokenization of everything enter the next stage! pic.twitter.com/75YaXwjzql
— Vet 🏴☠️ (@Vet_X0) October 1, 2025
What’s so special about them? Well, if old token standards felt like trying to fit square pegs in round holes, MPTs are custom-tailored helmets that fit just right.
Unlike the usual token dramas that rely on custom smart contracts, hello, risky and complicated, MPTs are baked right into the XRPL protocol itself.
This means tokens issued on XRPL can come with built-in compliance checks, metadata, and control features without lugging around clunky, third-party contract baggage.
Ripple engineer Kenny Zlei explains that this native design solves a major headache for institutions, like chopping down the red tape, dodging complex security audits, and side-stepping regulatory uncertainty.
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Private transfers
They say MPTs are like the Swiss Army knives of the token world, ready for everything from fractionalized real-world assets and tokenized money market funds to loyalty programs and institutional DeFi collateral.
They’re proving to be the perfect building blocks for bigger visions like vault share issuance in lending, sparking more secondary market action via MPT-powered decentralized exchanges, and even paving the way for Confidential MPTs, which keep transfers private like a well-kept corporate secret.
The upgrade you didn’t know you were waiting for
This shift means XRPL is sprinting ahead in the race to become the go-to ledger for serious institutional crypto tokenization.
The heavy lifting that used to scare off banks and big firms just got a lot easier, with compliance and control hardwired from the start.
So whether you’re eyeing NFTs, tokenized assets, or next-level DeFi, MPTs on XRP Ledger might just be the upgrade you didn’t know you were waiting for.
In the crypto jungle, this is the kind of innovation that makes blockchains feel less like cryptic puzzles and more like reliable tools for the financial future.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: October 2, 2025 • 🕓 Last updated: October 2, 2025
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