RDC, the issuer of digital asset depositary receipts, has completed a $7 million financing round

Receipts Depository Corporation, a digital asset and alternative asset depositary receipt issuer, has completed a new round of funding of $7 million, led by LiveOak Ventures with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbear Ventures. The funds will be used to accelerate the development of digital asset depositary receipt products and provide compliant securitization products and infrastructure services covering multiple asset classes for US investors.