Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to introduce XRP-backed securities. This initiative aims to provide institutional investors with access to XRP through U.S. regulated market infrastructure. RDC already offers bitcoin and ether-backed securities and is expanding its product suite to include XRP. The offering will be available exclusively to qualified institutional buyers.
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Receipts Depositary Corp. (RDC), a startup founded by former Citigroup executives, plans to introduce XRP-backed securities. This initiative aims to provide institutional investors with access to XRP through U.S. regulated market infrastructure. RDC already offers bitcoin and ether-backed securities and is expanding its product suite to include XRP. The offering will be available exclusively to qualified institutional buyers.