# Token

The `Token` vertical issues and manages [Multi-Purpose Tokens (MPTs)](https://xrpl.org/docs/concepts/tokens/fungible-tokens/multi-purpose-tokens).

| Method | Description |
|  --- | --- |
| [issue](/docs/simplexrpl/references/verticals/token/issue) | Create a new MPT issuance. |
| [transfer](/docs/simplexrpl/references/verticals/token/transfer) | Send MPT units to another account. |
| [authorize](/docs/simplexrpl/references/verticals/token/authorize) | Opt the calling account in to holding a token. |
| [unauthorize](/docs/simplexrpl/references/verticals/token/unauthorize) | Opt the calling account out of holding a token. |
| [grantHolder](/docs/simplexrpl/references/verticals/token/grantholder) | Issuer authorizes a specific holder (allow-listing). |
| [revokeHolder](/docs/simplexrpl/references/verticals/token/revokeholder) | Issuer revokes a specific holder's permission. |
| [lock](/docs/simplexrpl/references/verticals/token/lock) | Lock a token issuance, or a specific holder's balance. |
| [unlock](/docs/simplexrpl/references/verticals/token/unlock) | Unlock a token issuance, or a specific holder's balance. |
| [clawback](/docs/simplexrpl/references/verticals/token/clawback) | Reclaim a holder's MPT balance back to the issuer. |
| [destroy](/docs/simplexrpl/references/verticals/token/destroy) | Destroy an MPT issuance. |
| [retrieve](/docs/simplexrpl/references/verticals/token/retrieve) | Read a single MPT issuance by id. |
| [list](/docs/simplexrpl/references/verticals/token/list) | List the MPTs an account holds or issued. |


Note
The `Token` vertical places no DEX offers. MPTs are not yet tradeable on the XRPL DEX, so all offers go through the [XRP](/docs/simplexrpl/references/verticals/xrp) and [IOU](/docs/simplexrpl/references/verticals/iou) verticals.