v0.5.0 — Fractional Ownership

The biggest feature since launch. Own a piece of high-value physical goods — fine art, real estate, collectibles, classic cars — all backed by XRPL Multi-Purpose Tokens and

protected by native escrow.

What you can do now:

- List a fractional asset — choose how many shares to sell, set your price, pick an offering model (all-or-nothing, partial, or minimum threshold)

- Buy shares — purchase any number of shares with escrow-protected XRP payments. No minimum investment.

- Trade on the order book — buy and sell shares with limit and market orders, price-time priority matching

- Receive income — if the asset generates income (like rent), the owner deposits funds and holders receive RLUSD payouts proportional to their shares

- Vote on buyouts — if someone wants to buy the whole asset, all holders vote. 66% supermajority decides.

How trust works:

- Custody verification: sellers must photograph the item with a platform-generated code on a regular schedule. Miss twice and trading suspends.

- Any holder can request a spot check at any time

- All verification photos stored permanently on IPFS

- Income distributed in RLUSD (stable value, no XRP price risk)

- Every transaction settles on-chain and is publicly auditable

Important: This feature is live on testnet only. No legal ownership rights are conferred. Fractional asset offerings may be classified as securities — mainnet launch requires

legal review.

Explore fractional offerings at meridianmarket.xyz/fractional