➡️ BTC DRs Unveiled: Citigroup execs' startup, RDC, introduces 'BTC DRs,' offering direct bitcoin ownership via depositary receipts.
➡️ SEC Bypass Move: RDC plans SEC-free bitcoin depositary receipts, meeting rising institutional demand for alternative crypto investments.
➡️Bitcoin Conversion Tool: RDC, led by CEO Ankit Mehta, transforms Bitcoin into DTC-eligible securities for direct U.S. ownership.
It's like the old gold vault receipts! Fractional reserve bitcoin. I guess it was inevitable. I'm keeping mine in cold storage, thank you.