Tokenized Trust Units
Each XRQ unit references a share of the Invesco QQQ Trust held with a regulated custodian, minted 1:1 on issuance.


The Thesis
The Invesco QQQ Trust is one of the most liquid index vehicles in the world, yet it still settles on legacy market plumbing measured in days. XRQ places that exposure on the XRP Ledger, where transfer is final in seconds and open around the clock.
The result is a single instrument with institutional custody behind it and on-chain composability in front of it — collateral, treasury, and cross-border settlement without leaving the asset.
Architecture
Each XRQ unit references a share of the Invesco QQQ Trust held with a regulated custodian, minted 1:1 on issuance.
Issuance, transfer and redemption clear on the XRP Ledger — deterministic finality in seconds, fractions of a cent in fees.
Independent attestation of the underlying basket, published on a fixed cadence and anchored on-chain.
The same infrastructure opens to further trust and index products, each launched through the XRQ issuance pipeline.
Sequence
Issuance engine, custody integration and XRPL token spec.
First mint of tokenized QQQ Trust units and liquidity bootstrap.
On-chain reserve proofs and public redemption window.
Third-party trust and index issuers onboard to the XRQ pipeline.