Ripple, the blockchain company behind the XRP token, has publicly stated that institutional asset managers are actively preparing for the next scheduled upgrade to the XRP Ledger. According to the company, this update is designed to improve the ledger's functionality specifically regarding payment processing.

While Ripple has characterized this development as a significant step toward institutional adoption, the company has not provided a specific list of the asset managers involved or detailed the exact nature of their preparations. The announcement comes as Ripple continues to position the XRP Ledger as a viable infrastructure for cross-border payments and institutional financial services.

Because the information originates solely from Ripple’s own communications, there is currently no independent verification of which firms are involved or the scale of their planned integration. Market observers note that such announcements are common in the crypto industry to signal institutional confidence, though they often lack the specific data points required for investors to assess the actual impact on network volume or token utility.