XRP Ecosystem Boosted as Chainalysis Adds Support for 260K XRPL Tokens

Chainalysis is bringing institutional-grade compliance to over 260,000 XRPL tokens, enabling real-time tracking, enhanced transparency, and deeper investigative insight across the expanding XRP Ledger ecosystem.

Chainalysis Rolls out Automatic Token Support for XRPL, Expanding Institutional-Grade Oversight

Blockchain data platform Chainalysis announced on Sept. 8 that its support now goes beyond the native XRP token, offering automatic token support on the XRP Ledger (XRPL). The expansion marks a significant step in extending the company’s compliance and investigative tools to cover not only XRP but also the broader set of assets created within its ecosystem. By broadening oversight, Chainalysis enables customers to track and analyze transactions across a rapidly growing network of XRPL-issued tokens.

The company detailed the integration in its statement:

With this extended integration, Chainalysis’ support goes beyond the native XRP token, offering automatic token support.

“This includes supporting new fungible (IOUs) and non-fungible (XLS-20) tokens on the network, as well as multi-purpose tokens (MPT), similar to the well-known ERC-1155 token standard. To date, this expansion covers more than 260,000 XRPL tokens supported in Chainalysis and growing daily as new tokens are minted on chain,” the blockchain data analytics firm explained.

These capabilities are now embedded into Chainalysis KYT (Know Your Transaction), its entity screening product, and the Reactor investigations platform, equipping users with enhanced monitoring, fund flow visualization, and the ability to identify potentially illicit activity. Chainalysis KYC is a real-time compliance tool that monitors crypto transactions for suspicious activity and helps institutions meet anti-money laundering requirements, while Reactor enables investigators to trace blockchain fund flows, link wallets to real-world entities, and uncover illicit activity.

Launched in 2012, the XRPL has processed more than 3.3 billion transactions across over 90 million blocks. Known for its low-cost and fast settlement, the network operates with nearly 200 validators, with Ripple serving as a notable participant in its governance. While the new monitoring features are designed to strengthen compliance, market observers note that improved transparency may also support institutional adoption of XRP and XRPL-issued tokens by reducing risk concerns and enhancing confidence in the ecosystem.