XRP Ledger Unveils New Authorization System for Institutional Clients
The XRP Ledger's latest update introduces an enterprise-grade authorization system targeting institutional investors.
The XRP Ledger's latest update introduces an enterprise-grade authorization system targeting institutional investors. XRP (XRP) is trading at $1.39. This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Sun, 11 Oct 2026 09:45:01 UTC.
The new authorization system aims to attract institutional clients by enhancing security and compliance features, potentially expanding XRP's use in traditional finance. This move comes as Ripple Prime enters the leveraged-ETF financing market, signaling a strategic push into Wall Street services.
- XRP Ledger introduces new authorization system for enterprise users.
- Ripple Prime enters leveraged-ETF financing market worth $256B.
- Move targets institutional adoption amid flat crypto market conditions.
- XRP price down 0.92% in last 24 hours to $1.39.
The 
XRP Ledger has announced a major update introducing a new authorization system designed for enterprise users. This system aims to enhance security and compliance, making the platform more attractive to institutional clients. The update is part of a broader strategy to position XRP as a key player in traditional finance.
In related news, Ripple Prime is expanding into the leveraged-ETF financing market, which involves total-return swaps. This market is valued at $256 billion and includes 593 funds, according to CryptoNews. The move is expected to bring new fee opportunities and potentially reduce counterparty risks for institutional investors.
The development is corroborated by both 
Bitcoin Sistemi and CryptoNews, though they emphasize different aspects. Bitcoin Sistemi focuses on the technical features of the authorization system, while CryptoNews highlights the financial implications of Ripple Prime's entry into the ETF financing market.
The XRP Ledger's update and Ripple's strategic moves come at a time when the overall crypto market is relatively flat, with a total market cap of $2.87 trillion. Despite the flat market, Bitcoin has seen a slight 0.30% increase in the last 24 hours. The Fear & Greed Index stands at 61, indicating a 'Greed' sentiment among investors.
XRP's price is currently $1.39, down 0.92% in the last 24 hours and 7.02% over the past week. The market cap of XRP is $87.95 billion. The new authorization system and Ripple's market expansion could influence XRP's price and trading volume in the coming weeks.
Since this brief published about 39 hours ago, XRP (XRP) has moved from $1.39 to $1.39 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹144.98 (about $1.39), down 1.1% over 24 hours. The rupee itself trades about 7.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Ledger Unveils New Authorization System for Institutiona — questions & answers
What is the new XRP Ledger update about?
The update introduces an enterprise-grade authorization system to enhance security and compliance for institutional clients.
How big is the leveraged-ETF financing market Ripple entered?
The market is valued at $256 billion with 593 funds.
What is the current price of XRP?
XRP is priced at $1.39, down 0.92% in the last 24 hours.
How much is 1 XRP worth in rupee today?
About ₹144.98 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.39. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.