• A Guggenheim subsidiary has launched a digital commercial paper platform on the XRP Ledger.
• The new tokenized instrument is backed by T-bills and has a top “Prime-1” rating from Moody’s.
• The move is a major step for real-world asset (RWA) tokenization on public blockchains.

In a major step for institutional adoption of public blockchains, a Treasury-backed digital commercial paper instrument has launched on the XRP Ledger. The platform is administered by a subsidiary of financial giant Guggenheim Capital and has received the highest possible short-term debt rating from Moody’s, marking a significant milestone for the tokenization of real-world assets.

The Digital Commercial Paper (DCP) platform, which has already processed over $280 million in issuance since its 2024 debut, will now leverage the XRP Ledger’s infrastructure to offer institutiona…

The post Guggenheim Subsidiary Launches a Moody’s Top-Rated Debt Instrument on the XRP Ledger appeared first on Coin Edition.

• A Guggenheim subsidiary has launched a digital commercial paper platform on the XRP Ledger.
• The new tokenized instrument is backed by T-bills and has a top “Prime-1” rating from Moody’s.
• The move is a major step for real-world asset (RWA) tokenization on public blockchains.

In a major step for institutional adoption of public blockchains, a Treasury-backed digital commercial paper instrument has launched on the XRP Ledger. The platform is administered by a subsidiary of financial giant Guggenheim Capital and has received the highest possible short-term debt rating from Moody’s, marking a significant milestone for the tokenization of real-world assets.

The Digital Commercial Paper (DCP) platform, which has already processed over $280 million in issuance since its 2024 debut, will now leverage the XRP Ledger’s infrastructure to offer institutiona…

The post Guggenheim Subsidiary Launches a Moody’s Top-Rated Debt Instrument on the XRP Ledger appeared first on Coin Edition.