Purpose XRP ETF Receives OSC Receipt, Set to Launch on TSX on Wednesday, June 18, 2025

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce that it has received a final prospectus receipt for the Purpose XRP ETF, marking a significant milestone in the evolution of digital asset investing in Canada. The ETF is expected to begin trading on the Toronto Stock Exchange under the ticker XRPP on Wednesday, June 18.

The Purpose XRP ETF will offer investors direct exposure to spot XRP, the native token of the XRP Ledger – a decentralized, open-source blockchain designed to facilitate fast and cost-effective cross-border payments. With this approval, Purpose continues to broaden access to digital assets through regulated and transparent investment vehicles.

“The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership in building a regulated digital asset ecosystem,” said Vlad Tasevski, Chief Innovation Officer at Purpose Investments. “We’re proud to continue pushing the boundaries of what’s possible in the space by offering investors simple, secure access to the infrastructure powering real-world blockchain adoption.”

The ETF will be available in CAD-hedged (ticker XRPP), CAD non-hedged (ticker XRPP.B), and US dollar (ticker XRPP.U) units, and will be eligible for holding in registered accounts such as TFSAs and RRSPs.

About Purpose Investments

Purpose Investments is an asset management company with over $24 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.

For further information, please email us at info@purposeinvest.com.

Media inquiries:
Keera Hart
keera.hart@kaiserpartners.com
905-580-1257

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