Chainalysis is extending its support for the XRP Ledger and t he new coverage goes beyond the native token. Customers now get more ways to follow token activity and check transactions. With Chainalysis adding this extended support, users now have stronger ways to interact with one of the most active blockchains in the market.

Chainalysis Expands Coverage For XRP Ledger

In its announcement, Chainalysis explained that automatic token support now includes fungible tokens such as IOUs, non-fungible tokens under the XLS-20 standard, and multi-purpose tokens, also known as MPTs. MPTs operate like Ethereum’s well-known ERC-1155 tokens. The update means many different kinds of assets on the XRP Ledger are now covered.

The company also shared that more than 260,000 tokens are already su

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