Ripple Launches Permissioned DEX on XRP Ledger—SBI CEO Applauds Institutional Leap
The post Ripple Launches Permissioned DEX on XRP Ledger—SBI CEO Applauds Institutional Leap appeared on BitcoinEthereumNews.com.
Ripple’s new Permissioned DEX on XRPL limits trading access to allowlisted, regulation-compliant participants only. Each permissioned DEX ties to a unique domain, restricting trades within that specific approved group. Ripple has rolled out a new Permissioned Decentralized Exchange (DEX) on the XRP Ledger, announced publicly on June 25. The company described the development as, It’s a critical milestone in making decentralized finance truly accessible to traditional institutions. The new permissioned system enables trading between regulated players under strict control, without affecting decentralization or increasing operating costs. This version of DEX offers regulated firms a way to access decentralized trading infrastructure while staying within compliance rules. The press release described, Permissioned DEX enables regulated institutions to trade or move value on the XRPL Decentralized Exchange (DEX) without compromising on compliance, scalability, or decentralization. Yoshitaka Kitao, CEO of SBI Group, reacted to the development on social media, stating: “Introducing Permissioned DEX on the XRP Ledger: Unlocking Institutional Access to DeFi.” The post highlights the effort to bridge traditional finance with on-chain platforms. Introducing Permissioned DEX on the XRP Ledger: Unlocking Institutional Access to DeFi https://t.co/SFYeEB4dHW — 北尾吉孝 (@yoshitaka_kitao) June 26, 2025 Institutions Gain Compliance Access Through Permissioned XRPL DEX Ripple’s implementation enables developers to create permissioned order books—only available to allowlisted accounts—through a framework known as a Permissioned Domain. That model restricts access to trades within specified groups of approved participants. Each permissioned DEX on the XRP Ledger functions independently, linked to its own permissioned domain. This structure allows the use of stablecoins, XRP, and other cryptocurrencies while maintaining access restrictions. Multiple such exchanges can run simultaneously under the XRPL, each handling unlimited crypto pairs for internal trading. Ripple stated this step was needed to solve a long-standing problem: how to introduce institutional compliance without reducing decentralization or disrupting user control. The…
Filed under: News - @ June 26, 2025 3:27 pm