# Receipts Depositary Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/receipts-depositary

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.receiptsdepo.com/
- Total disclosed funding: $7M
- Latest round: Seed (Jun 16, 2026)
- Investors on record: 6

## About

Founded in 2022 by CEO Ankit Mehta, CFO Bryant Kim and COO Ishaan Narain and headquartered in New York, US, Receipts Depositary Corporation focuses on digital asset Depositary Receipts (DRs) that allow seamless ownership and trading of digital assets. The firm has completed one deal, raising USD 7.00 mn in its latest funding round led by LiveOak Venture on June 16, 2026, with participation from Global Trading Systems, Hivemind, Onigiri Capital, OTC Markets Group, and Red Beard Ventures. The seed funding values RDC at USD 41.92 million post-money.

Receipts Depositary Corporation (RDC) specializes in the integration of digital assets within traditional securities infrastructure through its innovative digital asset Depositary Receipts (DRs). These products allow qualifying investors to own, trade, and utilize digital assets seamlessly alongside existing custodial and clearing systems, such as the Depository Trust Company (DTC). By leveraging established relationships with regulated counterparties, RDC aims to bridge the gap between digital finance and traditional investment frameworks. The primary target market for these offerings includes institutional investors and high-net-worth individuals in the United States and other jurisdictions where digital asset trading is permitted.

RDC generates revenue through its proprietary digital asset DR products by facilitating transactions between investors and traditional securities markets. The transaction structure typically involves partnerships with institutional investors who utilize RDC’s services to manage their digital asset portfolios while adhering to regulatory standards. Clients may engage in various forms of transactions, such as direct investments in DRs or through B2B partnerships with financial intermediaries. Each transaction is structured to maintain compliance with securities regulations, ensuring that clients can navigate the complexities of digital asset investments without legal impediments.

In June 2026, RDC raised USD 7.00 mn in venture funding led by LiveOak Ventures, aimed to launch new DR products, expand distribution capabilities, continue investment in capital markets infrastructure, and make strategic hires.

## Funding rounds

- Seed, Jun 16, 2026, $7M — LiveOak Venture, Global Trading Systems, Red Beard Ventures, Hivemind, Onigiri Capital, OTC Markets Group

## Investors

- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Seed
- Global Trading Systems — Seed
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Seed
- Hivemind (https://capitalatlas.ai/funds/hivemind) — Seed
- Onigiri Capital (https://capitalatlas.ai/funds/onigiri-capital) — Seed
- OTC Markets Group — Seed