# 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="/files/KrQlBxUdcSULkx3zOMja" alt=""><figcaption><p><em>- Xend Finance - new principles</em> </p></figcaption></figure>

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