Guggenheim Treasury Services has introduced a $10 million Digital Commercial Paper (DCP) on the XRP Ledger, enhancing its tokenized debt offerings. This initiative allows institutional investors to access short-term debt instruments backed by U.S. Treasuries, offering benefits like 24/7 trading and rapid settlement. Ripple has invested $10 million to ensure initial liquidity, with Great Bridge Capital Co. managing the asset issuance.
The DCP, rated Prime-1 by Moody's, aims to leverage the XRP Ledger's lower transaction fees and continuous operations, essential for institutional financial products. This launch is part of Guggenheim's strategy to capitalize on the growing market for tokenized real-world assets, which has surged over 260% in 2025, by employing a multi-chain approach involving both Ethereum and the XRP Ledger.
Guggenheim Launches $10M Digital Commercial Paper on XRP Ledger
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