Direct, convenient and universally fungible ownership of digital and alternative assets is within reach for qualifying investors. Learn more about our DR offerings below.
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Security Name:
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Restricted Bitcoin Depositary Receipt (BTC DR)
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CUSIP:
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75620X109 (DTC Eligible)
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ISIN:
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US75620X1090
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Ticker:
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XBTDY
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Ratio (BTC : DR):
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1 : 1000
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Depositary:
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Receipts Depositary Corporation (RDC)
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Digital Asset Custodian:
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Anchorage Digital National Association
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Transfer Agent:
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Broadridge Corporate Issuer Solutions, LLC
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Regulations:
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Offered under US securities law exemptions: Reg D / 506(c) and Reg S. Eligible for resale under Rule 144A and Reg S.
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Investor Restrictions:
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Documentation:
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Master Receipt Terms and Conditions by and among the Depositary and all Holders and Beneficial Owners of BTC DRs issued thereunder, as amended
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Security Name:
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Restricted Ethereum Depositary Receipt (ETH DR)
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|---|---|
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CUSIP:
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75620X208
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ISIN:
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US75620X2080
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Ticker:
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XETDY
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Ratio (ETH : DR):
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1 : 100
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Depositary:
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Receipts Depositary Corporation (RDC)
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Digital Asset Custodian:
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Anchorage Digital National Association
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Transfer Agent:
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Broadridge Corporate Issuer Solutions, LLC
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Regulations:
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Offered under US securities law exemptions: Reg D / 506(c) and Reg S. Eligible for resale under Rule 144A and Reg S.
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Investor Restrictions:
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Documentation:
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Master Receipt Terms and Conditions by and among the Depositary and all Holders and Beneficial Owners of ETH DRs issued thereunder, as amended
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Security Name:
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Restricted Solana Depositary Receipt (“SOL DR”)
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|---|---|
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CUSIP:
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75620X307 (DTC Eligible)
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ISIN:
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US75620X3070
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Ticker:
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XSODY
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Ratio (SOL:DR):
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1 : 10
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Depositary:
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Receipts Depositary Corporation (RDC)
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Digital Asset Custodian:
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Anchorage Digital National Association
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Transfer Agent:
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Broadridge Corporate Issuer Solutions, LLC
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Regulations:
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Offered under US securities law exemptions: Reg D / 506(c) and Reg S. Eligible for resale under Rule 144A and Reg S.
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Investor Restrictions:
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Documentation:
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Master Receipt Terms and Conditions by and among the Depositary and all Holders and Beneficial Owners of SOL DRs issued thereunder, as amended
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Security Name:
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Restricted XRP Depositary Receipt (“XRP DR”)
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|---|---|
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CUSIP:
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75620X406 (DTC Eligible)
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ISIN:
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US75620X4060
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Ticker:
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XRPRY
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Ratio (XRP:DR):
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1 : 1
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Depositary:
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Receipts Depositary Corporation (RDC)
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Digital Asset Custodian:
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Anchorage Digital National Association
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Transfer Agent:
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Broadridge Corporate Issuer Solutions, LLC
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Regulations:
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Offered under US securities law exemptions: Reg D / 506(c) and Reg S. Eligible for resale under Rule 144A and Reg S.
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Investor Restrictions:
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Documentation:
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Master Receipt Terms and Conditions by and among the Depositary and all Holders and Beneficial Owners of XRP DRs issued thereunder, as amended(1)
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Digital asset DRs are securities issued by RDC as depositary that are fully fungible with underlying digital assets held by a designated custodian for the exclusive benefit of digital asset DR holders. Digital asset DRs represent direct ownership of the underlying digital asset and are not shares in a fund.
No, in its role as depositary and in accordance with the terms of the digital asset DR facility, RDC does not beneficially own the underlying digital asset held in custody. The digital asset held in custody is held by RDC on behalf of the digital asset DR holders and beneficial owners.
Digital asset DRs are fully fungible with and designed to track the asset value of the underlying digital asset.
No, RDC as depositary cannot lend or sell the digital asset held in custody for operating expenses. Every digital asset DR in circulation must be 100% backed by the digital asset held in custody.
No, RDC’s depositary structure and documentation are designed to ring-fence the digital asset held in custody from RDC’s assets. The underlying digital asset is beneficially owned by the digital asset DR holders and beneficial owners.
A qualifying investor who is onboarded with RDC can instruct RDC to issue and cancel digital asset DRs.
Digital assets are just the beginning. Our team is actively working to bring our vision for DR-powered investing to a host of other markets – and we want you along for the journey.
