Executive summary
Tokenization in Ripple Custody covers how tokenized assets are discovered, classified, issued, held, transferred, and controlled across supported ledgers.
- Token management controls which tokens are visible and usable in Ripple Custody.
- XRP Ledger Multi-Purpose Tokens provide issuer and holder operations for XRPL MPTs.
- Ledger-specific token operations cover protocol-specific workflows such as XRPL trust lines and Hedera token associations.
- Sending and receiving tokenized assets uses the standard transaction and transfer workflows.
Why this matters
Tokenized assets do not all behave the same way. A token can be an automatically discovered contract token, an XRPL trust line token, an XRPL Multi-Purpose Token, a Hedera token, or a future token standard on another supported ledger. Use this section to understand which tokenization model applies before you configure visibility, issue assets, authorize holders, or send transactions.
| Area | What it covers | Start here |
|---|---|---|
| Token management | View, add, allowlist, denylist, update, and restore token records. | Token management |
| XRPL Multi-Purpose Tokens | Create issuances, mint, burn, freeze, claw back, authorize holders, escrow, send, receive, and check balances for XRPL MPTs. | XRPL Multi-Purpose Tokens |
| Ledger-specific token operations | Manage token workflows that depend on a specific ledger, such as XRPL trust lines and Hedera token associations. | Ledger-specific token operations |
| Sending and receiving tokens | Transfer tokenized assets using transfer orders or transaction orders. | Send assets, Receive assets |
| Model | Description | Examples |
|---|---|---|
| Token classification | Controls whether a token is visible and usable in the platform. | Allowlisted, unclassified, denylisted tokens. |
| Ledger-specific account or token setup | Uses protocol-specific operations before an account can hold or move a token. | XRPL trust lines, Hedera token associations. |
| Issuer-managed tokenization | Lets an issuer create and control token supply and holder permissions where supported by the ledger. | XRPL Multi-Purpose Tokens. |
| Transfers and settlement | Moves tokenized assets after the token and account requirements are satisfied. | Send assets, receive assets, transaction status, reconciliation. |
| Topic | Documentation |
|---|---|
| Accounts | Accounts |
| Transactions and transfers | Transactions and transfers |
| Policies | Policies |
| Supported ledgers | Supported blockchain ledgers |