Guggenheim Shifts $280 Million Debt to Ripple's XRP Ledger, Backed by $10 Million Investment

- Guggenheim moving tokenized debt to XRP Ledger with Ripple partnership. - Ripple's $10 million investment in Treasury-backed commercial paper. On June 10, 2025, Bloomberg News reported Guggenheim Treasury Services is moving its tokenized debt product, Digital Commercial Paper (DCP), from Ethereum to Ripple's XRP Ledger (XRPL). Guggenheim Treasury Services is making this strategic move to leverage XRPL's capabilities for institutional investors and to expand its presence in blockchain finance. According to Bloomberg News on June 10, Ripple is making a significant $10 million investment into US Treasury-backed commercial paper as part of this collaboration. This investment underscores Ripple's commitment to fostering the growth of real-world asset (RWA) tokenization on its ledger. Guggenheim first launched its digital commercial paper on Ethereum in September 2024, and since then, the company has issued over $280 million. Guggenheim uses the Zeconomy platform to manage the product, which is fully tokenized, backed by U.S. Treasuries, and offers custom maturity dates of up to 397 days. Furthermore, Bloomberg News reported on June 10 that Markus Infanger, senior vice president at RippleX, indicated that Ripple is also exploring the use of this digital debt product in payments and is considering making it purchasable with its upcoming stablecoin, RLUSD. This development positions Ripple and Guggenheim in the growing field of asset tokenization, where they join other major financial players like BlackRock, Franklin Templeton, and Galaxy Digital. However, despite increasing interest, the broader adoption of tokenized assets beyond stablecoins still faces challenges, including achieving regulatory clarity and improving market uptake. As of June 10, 18:18 UTC, XRP (XRP) was trading at $2.284, with its 24-hour trading volume reflecting a -0.471% change.