XRP Ledger rolls out members-only DEX for regulated institutions
The XRP Ledger activated the XLS-81 amendment, enabling permissioned decentralized exchanges for regulated institutions.Summary
The XRP Ledger has activated the "Permissioned DEX" amendment (XLS-81), which allows regulated institutions to create controlled versions of the native decentralized exchange (DEX). This feature permits approved entities to restrict who can place or accept trade orders, effectively creating a gated trading venue where participation can be tied to compliance requirements like KYC and AML checks. This upgrade, alongside the recent activation of Token Escrow (XLS-85), provides a more complete toolkit for institutional DeFi on XRPL, supporting use cases like tokenized funds and regulated secondary markets by combining conditional settlement with controlled trading venues. The move signals XRPL's focus on building infrastructure for regulated finance first.
(Source：CoinDesk)