XRP depository receipts (DRs) will soon be available for accredited investors, allowing them to gain exposure to XRP without purchasing the cryptocurrency directly from exchanges. Similar to traditional American Depository Receipts (ADRs), XRP DRs represent ownership of XRP and provide an easy way for investors to access the asset without the complexities of trading on crypto exchanges. Anchorage, a trusted institution specializing in secure custody for crypto assets, will hold the XRP DRs. This launch bridges the gap between traditional finance and decentralized finance, making digital assets more accessible to a broader audience. XRP DRs offer direct ownership of XRP and comply with traditional financial market regulations, appealing to institutions seeking regulated investment vehicles for digital assets.



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