XRP Ledger lets institutions share account duties without sharing their keys
XRPL activated PermissionDelegationV1_1 on Oct. 8, allowing account owners to assign transaction permissions to other accounts without exposing primary signing keys. The feature supports separate institutional roles, though it lacks custom spending limits and developers warn against delegating PaymentBurn until a security fix activates. Atomic Batch, which makes linked transfers succeed or revert together, went live Oct. 9. Three other capabilities—Confidential Transfers, Dynamic Multi-Purpose Tokens and Sponsored Fees—still await validator approval. RippleX says these upgrades could support tokenized assets in secured financing and liquidity management. XRPL’s tokenized asset value has grown substantially, and institutional activity includes Aviva Investors’ tokenized fund share class.
