Currently parse_xml function in xblock/core.py doesn't support the implementation to parse the pointer tags within an XBlock's XML file. It instantiates the XBlock without picking fields data (and other metadata, if any) if there is a pointer tag.
Example XML with pointer tag
<vertical display_name="LTI">
<lti url_name="lti"/>
</vertical>
Why need it?
We are extracting BuiltIn XBlocks from edx-platform, in order for the extracted XBlocks to work properly we want this pointer tag logic to be implemented in xblock/core.py. This will prevent breaking any functionality, ensuring that XBlock's definition is loaded correctly.
Here's the reference from Demo course, which was exported from Studio as recently as Redwood: