The post Receipts Depository Corp to Launch XRP-Backed Securities for Institutional Investors appeared first on Coinpedia Fintech News
There are enough reasons to assume that institutional interest in the XRP market is growing exponentially. Some research activities of Receipts Depository Corp in the XRP market indicate that the company, which already provides Bitcoin and Ethereum-backed securities, is keen to explore the potential of the third-largest cryptocurrency by market cap as well.
XRP Securities: A New Avenue for Institutional Investment
A recent report suggests that Receipts Depository Corp. is planning to launch XRP-backed securities. According to the report, the company will provide depository receipts.
Those familiar with the concept of RDC’s depository receipts state that these receipts work similar to American Depository Receipts.
What exactly is an ADR? An ADR is like a receipt representing shares of a company. One can buy and sell these receipts on US stock exchanges just like regular US stocks. It is generally used to invent in a company that is based in another country.
SCOOP: $XRP depository receipts will soon be available for purchase by accredited investors through @ReceiptsDepo and @DWP_advisors, @FoxBusiness has learned.
Much like traditional ADRs (American Depository Receipts) that represent shares of foreign companies, the XRP DR…
— Eleanor Terrett (@EleanorTerrett) February 7, 2025
RDC’s XRP Secutries Targeting Qualified Institutional Buyers
The report notes that RDC will offer its XRP securities exclusively to qualified institutional buyers.
Experts believe that this targeted approach enables the company to exploit a few critical loopholes in the Securities Act of 1933.
The act requires most securities to be registered with the SEC before they can be offered to the public. However, an exception exists for offerings made only to ‘qualified institutional buyers’.
This means that RDC’s XRP securities do not need the approval of the US Securities and Exchange Commission.
The report states that the company’s XRP securities will be cleared by the Depository Trust Company. Clearing through the DTC makes transactions faster and more efficient. It is a standard practice for many securities offerings, especially those aimed at institutional investors.
.article-inside-link
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
.entry ul.article-inside-link li
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
.entry ul.article-inside-link li:last-child
display: none;
XRP Depositary Receipts vs. XRP ETFs: What Is Better?
The RDC’s proposal has come at a time when the cryptocurrency community is discussing the possibilities of XRP ETFs.
The key question that is bothering the XRP investment community currently is: Are XRP Depositary Receipts better than XRP ETFs?
What makes XRP Depositary Receipts different is that they represent direct ownership of XRP, whereas ETF shares would be redeemed for cash.
In short, if you own an XRP depositary receipt, you own the XRP it represents. If you own shares in an XRP ETF, you don’t directly own the XRP. You own shares of the ETF, which, in turn, owns XRP.
.article_register_shortcode
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
.article_register_shortcode .media-body h5
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
.article_register_shortcode .media-body h5 span
color: #0052CC;
.article_register_shortcode .media-body p
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
.article_register_shortcode .media-body
padding-right: 14px;
.article_register_shortcode .media-button a
float: right;
.article_register_shortcode .primary-button img
vertical-align: middle;
@media (min-width: 581px) and (max-width: 991px)
.article_register_shortcode .media-body p
margin-bottom: 0;
@media (max-width: 580px)
.article_register_shortcode
display: block;
padding: 20px;
.article_register_shortcode img
max-width: 50px;
.article_register_shortcode .media-body h5
font-size: 16px;
.article_register_shortcode .media-body
margin-left: 0px;
.article_register_shortcode .media-body p
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
.article_register_shortcode .media-button a
float: unset;
.article_register_shortcode .secondary-button
margin-bottom: 0;
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
.subscription-options li
display: none;
.research-report-subscribe
background-color: #0052CC;
padding: 12px 20px;
border-radius: 8px;
color: #fff;
font-weight: 500;
font-size: 14px;
width: 96%;
.research-report-subscribe img
vertical-align: sub;
margin-right: 2px;
var templateIds = “6”;
var listOfSubscribed = [];
function subscribed_popupmodal(template_id)
var templateId = ‘6’;
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’);
if (subcribemodal)
var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
Latest News on Cryptocurrency News