XRP Ledger Version 3.3.0 Introduces Confidential Transfers for Institutional Privacy

XRPL v3.3.0 adds encrypted transfers for MPTs to serve the $530M+ tokenized asset market, pending 80% validator approval for activation.

Woofun AI reports that XRP Ledger version 3.3.0, released on August 8, introduces 'Confidential Transfers' to encrypt token balances and amounts for Multi-Purpose Tokens while preserving account visibility. Utilizing zero-knowledge proofs, the feature targets the $530 million+ institutional tokenization sector, including assets from Ondo and Societe Generale, alongside five other proposals for batch processing and permission management. Activation requires sustained support from over 80% of trusted verification nodes for two weeks, with market attention focused on adoption by existing issuers like Aviva.