The digital asset custody certificate issuer RDC has completed a $7 million financing, led by LiveOak Ventures

Receipts Depositary Corporation (RDC) has completed a new round of financing of $7 million, led by LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. The new funds are intended to accelerate the development of digital asset depositary receipt products and provide compliant securitized products and infrastructure services covering multiple asset classes for U.S. investors.