RDC
Founded 2022 · 8 employees on LinkedIn · 5 known investors
Receipts Depositary Corporation (RDC) creates digital asset depositary receipts (DRs) that let qualifying investors own, trade, and use digital assets within traditional securities infrastructure such as DTC custody and clearing systems. The receipts are structured as traditional securities so investors can use existing relationships with regulated counterparties, prime brokers, and liquidity providers, serving institutional and qualified investors in the United States.
Also known as Receipts Depositary Corporation · receiptsdepo.com
Investors · 5
Funding
SEC filings, press & company announcements$7M disclosed across 1 round · 2026
- $7MraisedJun 2026 · 5 sources
LiveOak Ventures (lead)
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Receipts Depositary Corporation (RDC) is a depositary receipts platform that applies the depositary receipt (DR) structure, in use since 1927 for foreign equities, debt and commodities, to digital and alternative assets. Its digital asset DRs are intended to allow qualifying investors to directly own, trade and use digital assets inside traditional securities infrastructure, including custody and clearing through DTC, because DRs are recognized as traditional securities.
The company describes a set of use cases for its receipts: inclusion in institutional products such as funds, derivatives and index benchmarks; direct ownership and control of the underlying digital assets by investors; fungibility with spot digital assets via in-kind issuance and cancellation; custodial risk management; portfolio construction and diversification; and traditional monetization strategies such as arbitrage, hedging and securities financing. RDC states that DR value is held at asset value, with expenses not deducted from the DR, resulting in minimal tracking error. The company positions digital assets as an initial focus, with an intent to extend the structure to alternative assets more broadly.
Business model
RDC develops and issues depositary receipt products that reference digital and alternative assets, working with regulated counterparties, agents and other market participants such as prime brokers and liquidity providers, and with traditional custody and clearing systems including DTC.
Latest developments
In June 2026, RDC announced a $7 million raise to modernize depositary receipts for digital and alternative assets. In the same month, Clear Street executed what RDC describes as the first Bitcoin depositary receipt trade through its prime brokerage platform, and Ishaan Narain participated in a Bitcoin 2026 panel on the Bitcoin ADR moment. The company also highlights a collaboration with Menas Global to deliver digital asset exposure through regulated depositary receipts.
▸Full profile — market position, technology, go-to-market, geography, risks & controversies
Market position
RDC describes itself as a first-of-its-kind depositary receipts platform for digital and alternative assets, and cites industry backing and a team with experience in DR market structure.
Technology
The offering is built on the established depositary receipt market structure rather than a proprietary technology stack, using DR issuance and cancellation mechanics (including in-kind issuance and cancellation against spot digital assets) so that receipts transact, clear and settle like domestic securities.
Go-to-market
Direct engagement with institutions via inbound contact and consultative calls, supported by published insights on DRs, conference participation, and distribution partnerships with market intermediaries.
Institutional and qualifying investors, primarily those located in the United States or in jurisdictions where access to the products is permitted; the website notes that more than 6,500 global institutions hold DRs today.
Geography
United States-focused; website information and products are directed at investors located in the United States or in other jurisdictions where such access would not violate local law.
Risks & controversies
RDC's own disclaimers state that its securities and DR products are speculative and involve a high degree of risk, including partial or total loss of invested amounts; the products have not been registered under the U.S. Securities Act of 1933 or with any securities regulatory authority, are subject to transfer and resale restrictions, and no securities commission has approved or endorsed them.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsMedia coverage reporting that Clear Street executed the first Bitcoin depositary receipt trade through its prime brokerage platform.
Press release announcing that Receipts Depositary Corporation raised $7 million to modernize depositary receipts for digital and alternative assets.
$7M source ↗
RDC's website states that Menas Global and RDC deliver digital asset exposure through regulated depositary receipts.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 1
primary sources listed
- RDCreceiptsdepo.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does RDC do?
- RDC issues depositary receipts that let institutions hold and trade digital and alternative assets as traditional securities.
- Who are RDC's investors?
- RDC's investors include Bloccelerate VC, Hivemind Capital Partners, Hivemind Capital LLC, LiveOak Ventures, Onigiri Capital.
- How much funding has RDC raised?
- RDC has disclosed $7M raised across 1 round.