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After a successful rollout of its first digital ledger-linked debt offering, Guggenheim Treasury Services is expanding the product in a tie-up with crypto firm Ripple.

With over $280 million of volume to date, the Zeconomy-powered DCP marks the first native issuance of digital commercial paper on the XRP Ledger.

With over $280 million of volume to date, the Zeconomy-powered DCP marks the first native issuance of digital commercial paper on the XRP Ledger—broadening institutional access.

Real-world assets (RWA) are on the upswing and now represent a big driving force in the crypto industry. Estimates say that the tokenization of the RWA sector will grow from $4 trillion to $30 trillion in market size by 2030.

The commercial paper, issued via Amp.Fi Digital, is the latest example of a tokenized real-world asset launched by a traditional finance giant.

Blockchain platform Zeconomy assisted the $300B asset manager with the transaction and reports "massive demand" for digital assets.

Joseph D'Anna, Zeconomy Head of Capital Markets, and top industry leaders at the 2024 North Capital Partner Summit.

Moody's Ratings assigns a Prime-1 (sf) rating to Digital Commercial Paper issued by Great Bridge Capital Company, LLC