Institutional Debt Token on XRP Ledger

VLTN+ Institutional-Grade
Fixed Income on the XRPL

A yield-bearing debt token issued by QGP SPC. $1,000 par value, 4.4% annual coupon paid monthly in RLUSD, backed by a diversified pool of sovereign and investment-grade debt instruments.

What is VLTN+?

VLTN+ is a Multi-Purpose Token on XRP Ledger representing a proportional claim on a diversified pool of sovereign and investment-grade debt instruments. Each token carries a $1,000.00 USD par value with principal redemption at maturity, and a 4.4% annual coupon paid monthly in RLUSD stablecoin. Designed for institutional lenders seeking fixed-income exposure with on-chain compliance and transparent backing.

Debt Backed

Diversified pool of sovereign and investment-grade debt — US Treasury (AAA), German Bund (AAA), EU Supranational (AAA), and Brazilian National Treasury (BBB-). Held in regulated custody with Granbell Financial Services.

Fixed Par Value

$1,000.00 USD per token with principal redemption at maturity. Unlike market-priced gold tokens, VLTN+ provides predictable value anchored to the underlying debt instruments.

Monthly Coupon in RLUSD

4.4% annual coupon paid monthly in RLUSD stablecoin. Distributions are deposited directly to the holder's XRPL wallet — no claims process, no intermediaries.

3-Year Renewable Term

Each tranche carries a 3-year term with built-in renewal provisions. At maturity, holders may roll into the next tranche or redeem at par.

On-Chain Compliance

Protocol-level compliance via XRPL MPT — token-level whitelist (RequireAuth), freeze (CanLock), clawback (CanClawback), and native escrow (CanEscrow) — no smart contracts needed.

Token Details

Institutional-grade debt token with protocol-enforced compliance and transparent backing.

$1,000
Par Value (USD)
4.4%
Coupon (RLUSD)
3-Year
Term (Renewable)
100M
Supply Cap
20K
Initial Tranche
QGP SPC
Cayman Islands Issuer

Asset Pool Composition

Initial tranche backed by a diversified portfolio of sovereign bonds, custodied with Granbell Financial Services Ltd.

Issuer Rating Weight Maturity
Brazilian National Treasury BBB- 46% 2030
U.S. Treasury AAA 25% 2029
German Federal Republic AAA 15% 2030
European Union AAA 14% 2031
8.56%
Weighted Yield
3.5 yr
Avg Maturity
4
Issuers
$2.0B
Pool Value
View Pool Manifest →

How Yield Works

Monthly RLUSD coupon distributions — fully transparent, fully on-chain.

1

QGP Funds the Yield Pool

Each month, QGP allocates the coupon payment in RLUSD to a dedicated yield pool wallet on XRPL. The allocation covers the fixed 4.4% annual rate pro-rata across all outstanding tokens.

2

Script Reads Holder Balances

An automated script calls the XRPL mpt_holders RPC method to get all authorized holder addresses and their VLTN balances — read-only, no signing required.

3

RLUSD Distributed Pro-Rata

The script sends RLUSD payments to each holder wallet proportional to their VLTN balance. Each distribution is logged on-chain via transaction memos for full auditability.

Who Is VLTN+ For?

Designed for institutional participants seeking regulated, yield-bearing digital assets.

Institutional Lenders

Lend against a transparent, auditable debt instrument

Treasury Managers

Earn fixed income on-chain with RLUSD distributions

Fund Managers

Portfolio diversification with regulated token exposure

Qualified Investors

Access institutional debt markets via XRPL infrastructure

Note: Issuer authorization is required. All holders must complete the two-way MPTokenAuthorize handshake to receive VLTN.