Gratus Reserve V, LLC has submitted a preliminary prospectus aiming to raise $75 million, focusing on a strategy utilizing XRP and the ISO 20022 standard for retail investors. The application was filed with the U.S. Securities and Exchange Commission (SEC) and outlines the fund's intention to integrate assets compatible with the international standard for interbank messaging, which includes cryptocurrencies such as Stellar (XLM), Cardano (ADA), Hedera (HBAR), and Quant (QNT). The main argument for this strategy is the calculation that purchasing $5,000 worth of XRP through institutional over-the-counter (OTC) platforms costs investors nearly 10 times less than making the same purchase on the retail market.
Cost reduction is achieved through direct access to liquidity, eliminating hidden spreads on retail platforms, high brokerage fees, and price slippage. The fund also intends to acquire the three largest digital currencies by market capitalization: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). It is important to note that, according to the current status, the submitted application is under review by the SEC, and the fund is not permitted to raise funds or sell its shares to investors until it receives official approval.
The Gratus Reserve V initiative reflects changes in corporate reserve management through Digital Asset Treasury Holdings. At the beginning of corporate adoption, the main focus for companies was investing in BTC; however, by September 2026, interest shifted towards high-performance layer one networks and blockchains compatible with the traditional financial sector. It is expected that such a fund structure will ensure full transparency of its operations, requiring regular submission of meticulously audited financial reports, which subjects its altcoin operations to strict regulatory oversight.