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XRPL Activates Permissioned DEX for Institutions After Token Escrow Upgrade

The shift targets banks seeking compliant on-chain markets with access controls for KYC and AML.

Overview

  • XRPL’s XLS-81 is now live, enabling members-only DEX venues where only approved accounts can place and accept trades.
  • Last week’s XLS-85 extended native escrow to all trustline-based tokens, allowing conditional settlement beyond XRP.
  • The two upgrades form a compliance-focused toolkit for use cases such as tokenized funds, stablecoin FX rails, and regulated secondary markets.
  • XRP remains range-bound near $1.40–$1.50, reflecting a muted price reaction to the protocol changes.
  • Institutional activity continues across crypto as Strategy buys 2,500 BTC to lift holdings to about 717,100 and Animoca secures a Dubai VASP license.