The XRP Ledger is about to get its most consequential upgrade in months. The xrpld 3.3.0 core server update is scheduled for release during the week of August 3-9, and it packs five amendments that touch everything from transaction privacy to institutional onboarding.

Jazzi Cooper, Head of Product at RippleX, announced the update on July 31, framing it as a leap forward for tokenized asset use cases including global transfers, trading, collateralization, and settlement.

What’s actually in the update

Confidential MPT introduces zero-knowledge proofs to Multi-Purpose Token transactions. Token transfers can now be verified as valid without revealing the underlying amounts or details to everyone on the network.

Batch (BatchV1_1) enables atomic execution of up to eight cross-account transactions. Either every transaction in the batch goes through, or none of them do.