The product intends to provide traders with a compliant, transparent, and a capital-efficient way to engage with XRP, while maintaining market integrity
The inclusion of these firms on the GSF is said to mark the growing adoption of tokenised assets and decentralised financial infrastructures across the financial services industry
Ripple USD is backed by US dollar deposits, short-term government bonds, and cash equivalents, that aim to provide stability and liquidity for institutional traders
Crypto Finance, also a Deutsche Börse Group company, will act as sub-custodian and offer settlement and custody services in crypto assets to institutional investors
