SBI CEO Lauds Ripple’s Permissioned DEX on XRP Ledger, But Where’s the Demand?

Ripple has launched a permissioned decentralized exchange (DEX) feature on the XRP Ledger (XRPL). The network aims to bridge the long-standing gap between institutional compliance and decentralized finance. Ripple Unveils Permissioned DEX as XRPL Pushes for Institutional DeFi Relevance The feature earned high praise from Yoshitaka Kitao, CEO of Japan’s SBI Group, a strong XRP advocate, particularly within the Japanese banking sector. Ripple’s Permissioned DEX enables regulated institutions to trade or move value on XRPL’s native decentralized exchange source: https://beincrypto.com/sbi-ceo-lauds-ripple-permissioned-dex-demand/