# 1.2 New Vision - Xend V2 and Xend V3

Xend Finance has formulated a new vision that is oriented towards building a comprehensive, functional, and fully compliant environment for documenting Assets on-chain existence, ownership and related transactions. This vision has been materialized as Xend V2 and Xend V3 - next 2 iterations of our products, architecture and organization development, driven by below principles and opportunities.

<figure><img src="https://4037087624-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FX3eYth2tuydpGmqQBA4I%2Fuploads%2FP2gX0lbNIFTp3mUCYWdh%2FScreenshot%202024-03-19%20at%2016.12.40.png?alt=media&#x26;token=c8d38a30-e6d8-468e-8d01-c8d2e6a2a6c3" alt=""><figcaption><p><em>- Xend Finance - new principles</em> </p></figcaption></figure>

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