Ripple Executive Backed Public Blockchains for Assets
Monica Long stated that institutional tokenized assets will likely favor public networks over private alternatives.
Updated on Sept. 30, 2026 in Financial Services
Live Poll
Do you trust public blockchains to handle sensitive institutional financial data as securely as private networks?
Ripple President Monica Long announced that tokenized assets will likely see primary adoption on public blockchains. She highlighted new ledger standards as key to meeting institutional requirements for privacy and control.
Why it matters
The shift toward public blockchains addresses institutional demands for scalability and transparency while integrating complex privacy and delegation controls. These capabilities aim to bridge the gap between traditional asset management and decentralized infrastructure.
The XRP Ledger utilizes the XLS-96 framework for confidential transfers and the XLS-75 standard for permission delegation. The XLS-75 standard was initially created on Aug. 21, 2024, and received an update on Sept. 25, 2026.
The players
Monica Long
Monica Long is the president of Ripple and a prominent leader in the blockchain and digital payments industry.
Ripple
Ripple is a technology company that builds payment solutions and blockchain protocols for global financial institutions.
The details
Monica Long explained that public blockchains can now support institutional needs through tools like EC-ElGamal encryption and zero-knowledge proofs for confidential transfers. The XLS-75 standard further enables account holders to authorize third-party transactions through formal permission delegation.
Timeline
August 21, 2024: Creation of the XLS-75 permission delegation standard.
September 25, 2026: The XLS-75 standard was updated.
September 29 to October 1, 2026: Korea Blockchain Week took place in Seoul.
September 30, 2026: Monica Long delivered comments on the future of tokenized assets.
Market Landscape
The push for public blockchain adoption represents a strategic pivot for institutional finance away from siloed, private network architectures. This move positions public ledgers as more competitive platforms against traditional financial systems by adopting formal standards like XLS-96 and XLS-75.
Institutions and developers can expect greater control over asset management through new delegation and privacy protocols. These tools may lead to more secure and flexible digital asset participation for organizations moving into the public blockchain space.
The takeaway
The integration of institutional-grade controls into public blockchains could redefine how major financial players deploy capital on decentralized networks. Future asset tokenization will likely rely on these standardized delegation and privacy frameworks to balance security with operational efficiency.
Further reading
Learn more about the latest innovations in Financial Services.
Source note: This article includes information reported by TokenPost.
Live Poll
Do you trust public blockchains to handle sensitive institutional financial data as securely as private networks?
