Gratus Reserve V and LLC have submitted a Form 1-A preliminary fundraising document to the U.S. Securities and Exchange Commission, planning to establish a digital asset treasury product with a maximum fundraising of $75 million in the Regulation A Tier 2 manner. The company disclosed that if this structure is approved, it could be opened up to a wider range of retail investors.

The file includes XRP and multiple tokens.

According to the disclosed documents, this product uses XRP as one of its core arguments. The company states that the cost for institutional investors to purchase 5000 US dollars of XRP through over-the-counter trading channels is significantly lower than the cost of executing the same transaction in the retail market. In addition to XRP, the assets proposed to be included also include XLM, ADA, HBAR, and QNT.

To complement the infrastructure configuration in the combination, the document also mentions three digital assets that will be configured based on market value, namely BTC, ETH, and SOL. The overall approach is to place tokens that are compatible with banks and payment systems within the same treasury framework as mainstream crypto assets.

Intended to be opened to retail using Reg A.

The company has chosen the Tier path of Regulation A. Such an arrangement is not common in the field of crypto assets. If the application is approved, the fund may sell relevant shares to ordinary investors on the premise of meeting disclosure requirements.

According to current requirements, issuers are required to continuously disclose audited financial statements and be subject to stricter information disclosure obligations. This means that their positions, operations, and financial conditions will be under more direct regulatory scrutiny.

Currently still in the preliminary review stage.

This document is currently under review in SEC, and its status is still at the preliminary application stage. At this point, the company is not yet able to raise funds based on this, nor can it sell shares to investors; it must wait for regulatory approval.

• The maximum amount of funds to be raised is $75 million.
• The declaration document is SEC Form 1-A.
• Adopt the Regulation A Tier 2-path

Additional information:The original text links this application to the trend of large-scale increases in holdings by addresses on the chain since 2026 for XRP and other altcoins, but the disclosure documents themselves mainly concern product structure and fundraising arrangements, and do not indicate that the fund has been approved for issuance.