Making it easier for institutional investors to own digital and alternative assets just got a $7.0M boost. Receipts Depositary Corporation (RDC), the first depositary focused on this niche, announced it has raised the capital from LiveOak Ventures.
RDC's platform adapts the long-trusted depositary receipts construct, providing asset protections, transparency, and operational ease for a new generation of assets. The company was founded by three former leaders from a prominent depositary receipts business and is also backed by institutions like Franklin Templeton, BTIG, and Broadhaven Ventures.
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