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Financial service company Guggenheim launched tokenization of commercial paper on the XRP Ledger

DailyNews

2025-06-10 14:40:51

XRP1,4%

Financial services firm Guggenheim Treasury Services announced the launch of digital commercial paper (DCP) on Ripple’s XRP Ledger, providing institutional investors with access to short-term debt instruments through a decentralized financial network, Golden Finance reported. The product, which is backed by U.S. Treasuries, will take advantage of the XRP Ledger’s round-the-clock trading, fast settlement, and low-cost trading. As part of the partnership, Ripple will invest $10 million in the DCP project.

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