Ripple CEO Brad Garlinghouse has announced plans to introduce a privacy layer for XRP to enhance its institutional adoption. This development follows Ripple's implementation of decentralized identifiers, on-chain credentials, and permissioned domains aimed at improving compliance. The proposed privacy layer, under XLS-66, will enable institutions to use tokenized real-world assets as collateral while maintaining confidentiality of balances and transfers. In related news, VivoPower International has raised $19 million to bolster its XRP-focused treasury strategy and expand its involvement in the Ripple ecosystem. This move underscores growing institutional interest in leveraging XRP's capabilities for financial operations.