XRP Ledger Adds Members-Only DEX to Serve Regulated Institutions
The XRP Ledger has introduced a permissioned DEX amendment that allows operators to deploy controlled, members-only instances of its native on-ledger exchange. Under the change, authorized operators will gate who can submit and fill orders, creating a segregated trading environment intended for regulated institutions and counterparties. The move preserves the XRPL’s native decentralized exchange functionality while adding a layer of participant control for compliance-sensitive use cases.
This update matters because it lowers a key barrier to institutional adoption by offering a way to trade tokenized assets on-ledger with clearer participant controls and auditability. For firms seeking custody, KYC/AML alignment, or oversight, members-only instances could unlock new liquidity and product offerings on XRPL. The amendment also raises trade-offs around permissioning and operator governance, which will be watched closely as pilots and operator frameworks roll out in coming months.