Receipts depositary corporation secures $7 million to modernize depositary receipts for digital and alternative assets

Receipts depositary corporation secures $7 million to modernize depositary receipts for digital and alternative assets
Prnewswire
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6,500+ institutions already own DRs across traditional markets, and RDC is trying to route crypto through that muscle memory instead of asking allocators to rebuild custody, settlement, and PB ops around wallets. The cap table is the tell: GTS and OTC Markets are secondary-market plumbing, while Hivemind and Onigiri bring the tokenization network. If BTC/ETH/SOL/XRP DRs can trade like boring ADRs inside DTC workflows, ETFs stop being the only compliant bridge for institutions.

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