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Receipts Depositary Corporation (RDC)

Receipts Depositary Corporation (RDC)

Live
Tokenized Assets67

Regulated depositary receipts for digital assets, Canton validator and DR depositary

Upvotes

313

Views

3,035

Score

67

Rank Score

#295

Rank Upvote

#519

Rewards

Not recorded

Nodes

1

Rank Rewards

Not recorded

Algorithm Analysis: Receipts Depositary Corporation (RDC)

67/100
Activity71/100
Maturity75/100
Community64/100
Transparency67/100
Documentation56/100

Receipts Depositary Corporation (RDC) demonstrates a strong commitment to institutional investment in digital assets through a regulated framework. With a live product and significant historical context in depositary receipts, RDC is well-positioned within the Canton Network ecosystem. However, the lack of detailed documentation and team information could be improved to enhance transparency and community engagement.

Last analyzed: Apr 14, 2026

OverviewFeaturesTeamOn-chainConnectedRelated

Receipts Depositary Corporation (RDC) on Canton

RDC joined Canton Network in September 2025 as a Validator and DR Depositary to enhance cross-border asset mobility.

About Receipts Depositary Corporation (RDC)

Receipts Depositary Corporation (RDC) enables institutional investors to hold digital assets via regulated depositary receipts, a securities structure that has facilitated trillions in global investment. Joined Canton Network in 2025 as validator and DR depositary.

Features

What the product does

Depositary Receipts for Digital Assets

Institutional investors gain direct ownership and control of digital assets via the established DR structure, in use for foreign securities since 1927.

DTC Integration

Access through traditional custody and clearing systems via DTC, compatible with existing institutional vendor infrastructure.

In-Kind Issuance and Cancellation

Fungibility with spot digital assets through in-kind issuance and cancellation, enabling arbitrage and securities financing.

Canton Validator and DR Depositary

Operates as a Canton Network validator and DR depositary to enhance cross-border digital asset mobility for institutions.

Receipts Depositary Corporation (RDC) Team

IN

Ishaan Narain

Co-Founder

Receipts Depositary Corporation (RDC) On-chain

Validator nodes + featured apps linked to this project

1 Validator
rdc-prod…c9595f
Not recorded

Connected Projects

Backed by Franklin Templeton, F-Prime, BTIG and Broadhaven Ventures. Founded by three former Citi DR executives (Ankit Mehta, Bryant Kim, Ishaan Narain), with Scott Pollak (ex-Citi global DR head) leading Strategy and Capital Markets. Advisors include Jason Leung (former Cumberland DRW global head) and Satheesh Nanniyur (Google). Launched the first Bitcoin Depositary Receipt for Qualified Institutional Buyers (Jan 2024) and the XRP Depositary Receipt (Feb 2025). Integrates with DTC for traditional custody and clearing infrastructure.