#XRPLedger Wins Major Institutional Deal as #Guggenheim Launches Tokenized Commercial Paper


Guggenheim Treasury Services has expanded its Digital Commercial Paper offering to XRP Ledger after debuting on #Ethereum last September.


The tokenized debt instrument is backed by U.S. Treasuries and rated Prime-1 by Moody's for money market instruments.


#Ripple will invest $10 million in Guggenheim's DCP program as part of the partnership.


The product leverages XRPL's 24/7 trading capability, fast settlement times, and low-cost transactions for institutional investors.


Roughly $20.5 million in DCP has been issued on Ethereum so far, currently held by two investors.


Tokenized real-world assets have surged over 260% in the first half of 2025, growing from $8.3 billion to more than $23 billion.


BlackRock's BUIDL fund currently holds the largest single #RWA product in DeFi with over $2.8 billion market cap.

$XRP

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June 10, 2025 at 7:59 PM
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