Guggenheim Rolls Out Digital Commercial Paper on XRP Ledger

- Guggenheim Treasury Services launched Digital Commercial Paper (DCP) on the XRP Ledger. - This initiative offers exposure to short-term debt instruments through decentralized finance networks. Guggenheim Treasury Services, a subsidiary of Guggenheim Capital, launched its tokenized fixed-income asset, Digital Commercial Paper (DCP), on the XRP Ledger. On June 10, 2025, The Block reported this development. This new product offers institutional investors exposure to short-term debt instruments via decentralized finance (DeFi) networks. The DCP is backed by U.S. Treasuries and is tokenized and issued by fintech startup Zeconomy. The launch on the XRP Ledger marks an important expansion, following the product’s initial debut on Ethereum in September 2024. Furthermore, as part of this collaboration, Ripple, the company behind the XRP Ledger, will invest $10 million into Guggenheim's DCP program. This strategic move aims to enhance the accessibility and liquidity of short-term debt instruments for institutional investors by leveraging the decentralized and efficient infrastructure of the XRP Ledger. According to the latest market data on June 10 at 18:09 UTC: Bitcoin (BTC) is trading at $108,786.75, and its 24-hour trading volume shows a 0.299% change. Meanwhile, XRP (XRP) is trading at $2.284, with its 24-hour trading volume reflecting a -0.513% change.