Menas Global will integrate RDC’s Digital Asset DRs into its DC Wallet platform, expanding institutional access to digital assets through established trading, lending, and margin systems
DUBAI and NEW YORK – August 5, 2025 – Menas Global, a diversified international investment and technology group, and Receipts Depositary Corporation (RDC), the first U.S. depositary of Digital Asset Depositary Receipts (DRs), today announced a strategic partnership aimed at accelerating institutional adoption of digital assets via traditional capital market infrastructure.
As part of the agreement, Menas Global will make a strategic investment in RDC and work with RDC to distribute RDC’s digital asset DR products through its DC Wallet platform. This integration will facilitate enhanced access to digital assets for global financial institutions through established trading, lending, and margin systems without needing to directly handle digital assets.
RDC DRs: Capital Markets Structure for the Digital Asset Era
RDC’s Digital Asset Depositary Receipts use the tried and tested Depositary Receipt (DR) structure, which have been part of US markets since 1927, bringing robust capital market frameworks to blockchain-based assets. Each DR represents a bankruptcy remote, direct ownership claim on a particular amount of digital assets, held at a custodian that is federally chartered and regulated by the Office of the Comptroller of Currency, such as Anchorage Digital Bank, and made available through U.S. registered broker-dealer and banking platforms.
RDC has already launched Bitcoin, Ethereum, Solana and XRP DRs for qualifying investors. Each of its products functions as a traditional security with a ticker, CUSIP and an ISIN that bridge directly into existing capital market infrastructure. The DR structure is the only traditional wrapper that allows accredited asset owners to directly convert their digital assets to DRs —and vice versa—on an in-kind, intraday basis, differentiating them from ETFs.
DC Wallet to Enable Seamless Distribution and Utility
DC Wallet, developed and operated by Menas Global, is a multi-asset platform designed for institutions to securely hold, transfer, and utilize digital assets. With the integration of DRs, DC Wallet users—including banks, sovereign wealth funds, and infrastructure lenders—can now:
- Trade digital assets like Bitcoin and XRP through regulated, DTC-eligible instruments
- Use DRs as collateral for margin lending, repo, and structured finance
- Access DR liquidity within traditional clearing, settlement, and custody systems
- Participate in digital asset markets without managing private keys or digital asset custody
- Custody digital assets seamlessly via DRs, receive loans and bridge digital assets to traditional finance
Strategic Alignment Across Emerging Financial Markets
This partnership strengthens RDC and Menas Global’s commitment to unlocking digital asset access for institutional players across emerging markets. Menas Global’s fintech infrastructure—including recent collaborations with AFC India for CBDC adoption—provides a ready channel for the DRs to be deployed in sovereign and commercial use cases.
“This partnership is a major milestone in RDC’s mission to connect blockchain innovation with capital markets discipline,” said Ishaan Narain, Co-Founder and Chief Product Officer of Receipts Depositary Corporation. “Menas brings a dynamic platform and deep market reach that will amplify the adoption and distribution of DRs globally.”
“Our partnership with RDC reflects our belief that DRs are the key to scaling institutional digital asset participation,” said Bapi Dash, Managing Director of Menas Global. “By investing in RDC and integrating its products into DC Wallet, we are enabling secure, compliant access to Bitcoin and other digital assets—positioned for both capital markets and real-world utility.”
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About Receipts Depositary Corporation (RDC)
RDC (Receipts Depositary Corporation) is the first depositary that aims to make it as easy for qualifying investors to own digital and alternative assets as traditional securities. Using the DR construct that has been trusted by investors for nearly a century, the RDC platform provides asset protection, transparency, risk minimization and operational ease. Founded by three dynamic experts in the DR business, RDC is backed by leading institutions including Franklin Templeton, F-Prime, BTIG and Broadhaven Ventures. RDC is not a bank and is not registered as a broker, dealer or investment adviser in any jurisdiction.
For more information, visit www.receiptsdepo.com
About Menas Global
Menas Global is a diversified investment and technology fund focused on building digital financial infrastructure across emerging markets. Its DC Wallet platform powers institutional access to tokenized assets, digital currencies, and blockchain-based financial services.
For more information, visit: www.menasglobal.com