Shashwat Mittal
54 posts

Shashwat Mittal
@ShashwatMittal
Building Tokenization and Collateral solutions on #XRPL

XRP Ledger Permissioned DEX is now in activation too! 28 Yes votes - we are cruising. With this amendment enabled in 2 weeks we have a fully compliance enabled DEX allowing to facilitate institutional transactions on XRP. Major Milestone folks. Major.

The XRP Ledger is a house. 😉 It has an open front door for the main floor but also locked doors that only open under certain conditions. Credentials, pDomains and pDEX explained in easy. 👇 📺 Full Podcast: youtu.be/7jQscUgYGK0


The XRPL Token Escrow amendment is officially in the activation period!







There’s a new whitepaper out on Multi-Purpose Tokens on the XRP Ledger. It breaks down a whole new way of handling tokens with baked-in metadata and compliance all directly tied to the asset itself. 1/25🧵



1/ The Multi-Purpose Token (MPT) standard is now live on the XRP Ledger mainnet. It’s a new native token standard designed to make issuing real-world assets onchain far simpler, safer, and more aligned with how financial institutions operate.



What’s next for FortStock? on.ripple.com/46mUbnB Fortstock hopes to expand MPT use to debt instruments, loan tranches, performance tokens Partnering with real warehouses + regulated lenders Building programmable finance on real assets—not speculation One warehouse at a time.

1/ Institutional DeFi is here and the XRP Ledger has solidified its position as the trusted open source settlement layer for global institutions. The next phase of the roadmap starts now. Explore it below and read the full blog for details 🧵⬇️ ripple.com/insights/the-n…

Introducing the next building block of onchain markets – we’re partnering with @DBSbank and @FTI_Global to establish repo markets powered by tokenized collateral and stablecoins: on.ripple.com/421bxVL Investors will be able to use $RLUSD to trade for Franklin Templeton’s money market fund, sgBENJI, tokenized on the XRP Ledger, and listed on DBS’s digital exchange, earning yield and opening new liquidity venues. Institutional momentum is building onchain.


Now in the voting phase: Multi-Purpose Tokens (MPTs) 🗳️—Why do they matter? MPTs bring built-in regulatory tools, like token freezing, clawback, holder authorization, and global locking, making it easier for issuers to meet compliance requirements across different jurisdictions and use cases. 🛡️ They are a game changer for the XRPL: MPTs simplify launching all kinds of digital tokens—stablecoins, loyalty points, RWAs, and more—by removing the old constraints of trust lines. ⚡ With MPTs, XRPL gains: 🛡️ Robust compliance features for regulated industries and secure token management 🛠️ More efficient and dynamic tokenization for creators and developers 🌈 Wider use cases: rewards, ticketing, payments, access management, and asset-backed tokens 📝 Enhanced Metadata: Rich, immutable metadata on-chain for transparency, compliance, and asset detail flexibility Voting is in process—bringing new flexibility, transparency, and possibilities for everyone building on the ledger! #XRPLedger #DeFi #Web3







