XRP Ledger Rolls Out MPT Standard for Real-World Asset Tokenization

The $XRP Ledger (XRPL) has launched the Multi-Purpose Token (MPT) standard, designed to simplify and secure the tokenization of real-world assets (RWAs). MPT integrates directly into the XRPL protocol, eliminating the need for custom smart contracts. This enables institutions to issue tokens efficiently while addressing regulatory and operational requirements.