Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL.
As part of the agreement, Ripple will contribute $10 million to the asset, marking a strategic investment aligned with its push to expand real-world asset (RWA) tokenization across decentralized ecosystems.
The fixed-income product may also become available for purchase using RLUSD, Ripple’s US dollar-pegged stablecoin. Since its debut in December, RLUSD’s supply has surpassed $300 million and operates across both the Ethereum network and the XRP Ledger.
That initiative laid the groundwork for broader exploration into how blockchain can streamline issuance, settlement, and access to short-term credit products.
Tokenized Treasurys and money market funds are gaining traction as asset managers seek to modernize distribution and settlement.
The Ripple-Guggenheim partnership represents a broader shift as financial incumbents look to integrate blockchain for greater transparency, efficiency, and accessibility in the fixed-income market.
