Digital Wealth Partners Offers XRP Depositary Receipts, a First-of-Its-Kind Solution

New DTC-Eligible XRP Depositary Receipts Provide Institutional-Grade Access to XRP Within Traditional Market Infrastructure
Digital Wealth Partners (DWP) with Receipts Depositary Corporation (RDC), is introducing XRP Depositary Receipts (XRP DRs), offering qualified investors access to XRP through a regulated and familiar financial instrument. These DTC-eligible depositary receipts represent ownership interests in XRP, utilizing established market infrastructure for seamless integration into traditional brokerage and banking systems.
Depositary receipts (DRs) are a widely used financial vehicle designed to represent assets not typically available in U.S. securities markets. The XRP DR program leverages this structure to provide electronic settlement through The Depository Trust Company (DTC), ensuring compatibility with institutional trading and custody frameworks. Each XRP DR maintains a one-to-one relationship with the underlying XRP, held at regulated custodians or banks, and features in-kind convertibility, allowing for the creation and redemption of DRs for XRP where permitted under applicable regulations.
By utilizing the same infrastructure that supports traditional securities transactions, the XRP DR program bridges the gap between digital assets and established capital markets, making it easier for institutional investors to participate in the XRP ecosystem. Unlike XRP ETFs and Trusts currently awaiting SEC approval, XRP DRs offer an immediate, regulated pathway for sophisticated investors seeking exposure to XRP within existing brokerage and banking platforms.
Key Features of XRP Depositary Receipts (XRP DRs):
- DTC-Eligible: Enables electronic settlement and seamless integration into institutional platforms.
- Institutional Market Compatibility: Designed to fit into banks’ and brokers’ existing account systems.
- One-to-One XRP Backing: Each XRP DR is fully backed by an equivalent amount of XRP at regulated custodians.
- In-Kind Convertibility: Allows qualified investors to create and redeem DRs for XRP when regulatory conditions permit.
- Regulated Market Access: Provides a structured and compliant alternative to pending XRP ETFs and Trusts.
This launch marks the first approved XRP depositary receipt, setting a new standard for digital asset accessibility within regulated financial markets.
DISCLAIMER