XRP Ledger supports the tokenization of real assets by Guggenheim

XRP Ledger now offers an innovative new product: Digital Commercial Papers (DCP). This innovative debt instrument is fully backed by U.S. Treasury bonds and has the highest Prime-1 rating from Moody's.

On June 10, Ripple announced that Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, has expanded its offering of Digital Commercial Papers (DCP) on the XRP Ledger (XRPL). Guggenheim Capital is part of the larger Guggenheim Partners LLC, a well-known global investment and advisory firm. As of March 31, the company reported total assets exceeding $349 billion.