XRP Ledger activates ‘members-only’ DEX upgrade aimed at regulated institutions

The XRP Ledger has activated a new upgrade, known as XLS-81 or “Permissioned DEX,” which allows regulated institutions to operate controlled, members-only trading venues directly on the ledger. This feature creates controlled versions of XRPL’s built-in decentralized exchange where designated administrators can restrict access based on compliance requirements like KYC and AML checks. This move targets financial institutions seeking blockchain settlement and liquidity while maintaining control over counterparties. The activation follows other institutional-focused upgrades, such as XLS-85 which extended native escrow functionality, signaling XRPL's strategic direction toward building infrastructure tailored for traditional financial players rather than fully open DeFi venues.

(Source：The Block)