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Ripple and the XRP Ledger (XRPL) have taken a significant step toward institutional adoption with the launch of its Multi-Purpose Token (MPT) standard. Designed to simplify the tokenization of Real-World Assets (RWAs) and offer built-in compliance, the new token standard aims to position the Ripple’s XRPL as a go-to network for secure, high-volume institutional finance.
About The Ripple XRP Ledger MPT Standard
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Dr Martin Hiesboeck, Head of Research at Uphold, took to X social media on Friday to announce that the XRP Ledger has officially activated the MPT standard on its mainnet. The MPT standard is a protocol-native fungible token designed to streamline the issuance of RWAs and institutional-grade instruments on-chain.
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