币界网报道：The XRP Ledger (XRPL) has launched its first permissioned decentralized exchange (DEX), marking a significant milestone for institutional adoption. Developed by RippleX, the new DEX allows approved participants to trade digital assets while maintaining compliance with regulatory requirements. Key features include KYC/AML verification for participants, enhanced liquidity through institutional market makers, and settlement finality in 3-5 seconds. Unlike traditional DEXs, this platform enables direct trading between approved counterparties without exposing orders to the public order book. The solution leverages XRPL's native decentralized exchange infrastructure while adding permissioned layers for institutional needs. Ripple's CTO David Schwartz emphasized this bridges the gap between decentralized finance and traditional finance by offering "the speed and efficiency of DeFi with the compliance requirements institutions demand." The launch follows Ripple's recent regulatory approvals in Singapore and signals growing enterprise interest in blockchain-based trading solutions.