Company: TOXR
Filing Date: 2025-11-20
Form Type: S-1/A
Source: 0001213900-25-112826
Chunk: 258

Company: 21Shares XRP ETF
Filing Date: 2025-11-20
Form: S-1/A
Chunk 258
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“Coinbase”: Coinbase Custody Trust
Company, LLC.

“Coinbase Custodial Agreement”:
The custodial services agreement with the Coinbase Custodian.

“Coinbase Custodian”: Coinbase
Custody Trust Company, LLC.

“Coinbase Global”: Coinbase Global,
Inc.

“Coinbase Insureds”: Coinbase
Global and its subsidiaries.

<div align='center'>A-2</div>

“Cold Vault Balance”: The substantial
portion of the private keys associated with the Trust’s XRP kept by the XRP Custodians in “cold storage” or similarly
secure technology.

“Connected Trading Venue”: Third-party
exchanges or other trading venues (including the trading venue operated by the Prime Broker).

“Constituent Exchanges”: An aggregation
of executed trade flow of major XRP trading platforms.

“Creation Basket Deposit”: The total
deposit required to create each Basket.

“Custody Rule”: Rule 206(4)-2 under
the Advisers Act.

“dApps”: Decentralized applications.

“DeFi”: Decentralized finance.

“DFPI”: California Department of Financial Protection
and Innovation.

“DTC”: The Depository Trust Company.
DTC will act as the securities depository for the Shares.

“DTC Participant”: An entity that
has an account with DTC.

“DOL”: U.S. Department of Labor.

“DSTA”: The Delaware Statutory Trust
Act.

“ECASH Act”: The Electronic Currency
and Secure Hardware Act.

“ERISA”: Employee Retirement Income Security Act of 1974.

“Exchange”: The Cboe BZX Exchange,
Inc.

“Exchange Act”: The Securities
Exchange Act of 1934, as amended.

“Expenses”: Any and all losses, claims,
taxes, damages, reasonable expenses, and liabilities (including liabilities under State or federal securities laws) of any kind and nature
whatsoever.

“FASB”: Financial Accounting Standards
Board.

“FDIC”: Federal Deposit Insurance
Corporation.

“Financing Fees”: Interest rates
on Trade Credits.

“FinCEN”: The Financial Crimes Enforcement Network.

“FINRA”: Financial Industry Regulatory
Authority, formerly the National Association of Securities Dealers.

“FIT21”: Financial Innovation
and Technology for the 21 Century Act.

“FTX”: FTX Trading Ltd.

“GAAP”: U.S. generally accepted
accounting principles.

“Genesis”: Genesis Global Capital,
LLC.

“HSMs”: