Financial services firm Guggenheim launches tokenized commercial paper at XRP Ledger
2025-06-10 14:42:22
Financial services firm Guggenheim Treasury Services announced the launch of Digital Commercial Paper (DCP) on Ripple's XRP Ledger, providing institutional investors with access to short-term debt instruments through a decentralized financial network. The product, backed by U.S. Treasury bonds, will leverage the 24/7 trading, fast settlement and low-cost trading benefits of the XRP Ledger. As part of the partnership, Ripple will invest $10 million in the DCP project.
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