Grayscale XRP Trust is a private investment fund based in Stamford, Connecticut. According to its most recent Form D, filed Jan 3, 2025, it has sold $3,227,152 of interests to 36 investors since its first sale in Sep 2024. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Mark Shifke; Peter Mintzberg; Grayscale Securities, LLC.
- Total raised
- $3,227,152Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Sep 13, 2024
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Mark Shifke; Peter Mintzberg; Grayscale Securities, LLC
- Latest Form D
- Jan 3, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Grayscale XRP Trust
What is the minimum investment for Grayscale XRP Trust?
According to its latest Form D, filed Jan 3, 2025, the minimum investment Grayscale XRP Trust accepts from an outside investor is $25,000.
Who can invest in Grayscale XRP Trust?
Grayscale XRP Trust is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Grayscale XRP Trust raised?
Grayscale XRP Trust reports $3,227,152 sold from 36 investors on its Form D filed Jan 3, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Grayscale XRP Trust based?
Grayscale XRP Trust is based in Stamford, Connecticut and is managed by Grayscale Advisors.
When did Grayscale XRP Trust launch?
Grayscale XRP Trust reports its first sale in Sep 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 30% of the 307 private investment funds based in Connecticut, and more than 26% of all 10,287 that report sales.