Ankit Mehta
Co-Founder/CEO
Receipts Depositary Corporation (RDC
RDC utilizes depositary receipts (DRs) to facilitate direct ownership and trading of digital and alternative assets within traditional securities infrastructure, enabling institutional investors to integrate these assets seamlessly into their existing operational frameworks. This approach addresses the complexity and inefficiencies associated with accessing and managing digital assets, providing enhanced asset protection, transparency, and risk management.
- Blockchain & Cryptocurrency
- Enterprise Software
- Financial Technology
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Ishaan Narain
Co-Founder
Bryant Kim
Co-Founder
Product
Problem
Institutional investors face challenges in directly accessing and managing digital and alternative assets due to the complexities of custody, regulatory compliance, and integration with existing operational infrastructure. Traditional securities infrastructure lacks seamless mechanisms for incorporating these novel asset classes, hindering broader institutional adoption.
Solution
Receipts Depositary Corporation (RDC) facilitates institutional investment in digital and alternative assets through depositary receipts (DRs). RDC's platform allows qualifying investors to directly own, trade, and utilize digital assets within traditional securities infrastructure, such as the Depository Trust Company (DTC). By leveraging the established DR structure, RDC enables seamless integration with existing vendors, infrastructure, and operational procedures. This approach provides convenient access, custodial risk management, and trusted counterparties, streamlining the process of incorporating digital assets into institutional portfolios. The DRs offer direct ownership and control of the underlying assets, seamless fungibility with spot digital assets through in-kind issuance and cancellations, and minimal tracking error.
Target Audience
RDC's primary target audience consists of institutional investors, including asset managers, hedge funds, and other financial institutions, seeking to invest in digital and alternative assets within their existing operational and regulatory frameworks.
Features
- Direct ownership of digital and alternative assets via depositary receipts
- Integration with traditional custody and clearing systems (e.g., DTC)
- Seamless fungibility with spot digital assets through in-kind issuance and cancellations
- Custodial risk management within existing institutional frameworks
- Inclusion in institutional products such as funds, derivatives, and index benchmarks
- Portfolio diversification through the addition of digital asset DRs
- Traditional monetization strategies, including arbitrage, hedging, and securities financing