Former Citi Executives Launch Bitcoin Securities Startup

Innovation | Release | Jan 4, 2023 A team of ex-Citigroup executives has unveiled a startup, Receipts Depositary Corp. (RDC), offering Bitcoin-backed securities, uniquely structured to bypass U.S. SEC approval requirements. Receipts Depositary Corp. (RDC), founded by former Citigroup executives, has introduced an innovative financial product in the cryptocurrency space: Bitcoin-backed securities known as Bitcoin

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