The U.S.-based investment vehicle Gratus Reserve V has announced a new $75 million crypto fund . The initiative aims to provide retail investors with access to institutional-grade trading efficiencies, specifically by leveraging over-the-counter (OTC) liquidity.

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The 10x cost advantage of XRP over-the-counter liquidity

Gratus Reserve V claims that sourcing liquidity via over-the-counter (OTC) channels for XRP can be up to ten times more cost-effective than standard retail market execution. According to the report, the firm's preliminary Form 1-A filing outlines a strategy to eliminate retail spreads and reduce brokerage fees and price slippage.

This approach is designed to pass significant savings directly to non-institutional clients who typically face higher barriers to entry. By utilizing direct pools and reducing the reliance on expensive retail execution, the company argues it has identified a low-cost channel to bring advanced crypto strategies to the broader public.

ISO 20022 compliance and the pursuit of a $75 million fund

The proposed $75 million fund is not limited to Bitcoin and Ethereum; it seeks to build a "digital asset treasury holding" centered on the ISO 20022 international messaging standard. As reported by the source, the portfolio will include layer-1 assets such as Stellar (XLM), Cardano (ADA), Hedera (HBAR), and Quant (QNT).

This multi-token approach aligns corporate reserve requirements with the growing need for blockchain-compatible mechanisms in traditional banking. The company suggests this shift toward high-throughput L1 networks as primary reserve assets will be fully realized by September 2026, moving beyond the era where Bitcoin was the sole prominent reserve asset.

Navigating the SEC review via Regulation A Tier 2

Gratus Reserve V is currently awaiting a deciion from the SEC regarding its Regulation A (Tier 2) offering. This specific regulatory pathway is described as a "rare loophole" that would allow the firm to legally market certain altcoin holdings to retail investors while maintaining lucrative OTC channels for institutional participants.

The company emphasizes that the offering will be heavily audited and transparent, featuring statements under SEC oversight to satisfy the regulatory environment surrounding alternative wealth products. If approved, this structure could serve as a precedent for how emerging asset classes utilize existing frameworks to provide broader market access while maintaining consumer protections.

Which third asset will complete the liquidity trio?

While the fund's strategy for Bitcoin and Ethereum is clear, a significant detail remains unverified in the current filings. the company has stated it will acquire three of the largest digital assets by market capitalization,but it has not yet named the third asset that will join BTC and ETH in the portfolio.

This mystery asset is intended to balance the infrastructure component of the portfolio and capture additional liquidity. Until the firm clarifies whether this third holding will be a stablecoin or another high-cap layer-1 token, the full scope of the fund's liquidity strategy remains an open question for potential investors.