Receipts Depositary Corporation Raises $7M

Receipts Depositary Corporation (RDC), a pioneer in issuing depositary receipts (DRs) for digital and alternative assets, has successfully closed an oversubscribed $7 million funding round. The round was led by Live Oak Venture Partners, with significant participation from strategic investors including Hivemind Capital Partners, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. This capital injection will fuel RDC's next phase of growth, enabling the launch of new DR products, expansion of distribution capabilities, continued investment in capital markets infrastructure, and strategic hiring across its organization. The funding validates RDC's mission to modernize DR infrastructure and bridge traditional securities markets with a new universe of assets, enhancing liquidity and access for U.S. investors.