Mr. Pascal St-Jean reports

3IQ LAUNCHES XRP ETF (XRPQ, XRPQ.U), OFFERING FIRST-OF-ITS-KIND ACCESS TO XRP IN NORTH AMERICA

3iQ Corp. has launched the 3iQ XRP ETF, which begins trading today on the Toronto Stock Exchange (TSX). The 3iQ team will ring the closing bell this afternoon on the TSX floor to commemorate this historic launch. XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the third-largest digital asset by market capitalization.

Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. 3iQ's new ETF enables investors to gain long-term exposure to XRP in a transparent and cost-effective way.

XRPQ debuts with a 0-per-cent management fee for the first six months, placing it among the most competitively priced digital asset ETFs. It will invest only in long-term holdings of XRP purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage. XRPQ is available for investment through registered accounts in Canada and its TSX listing enables access for qualified investors globally, subject to local regulations.

"The launch of XRPQ marks another milestone in our mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework," said Pascal St-Jean, president and chief executive officer of 3iQ. "XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity. Ripple Labs' investment support reflects our shared leadership in advancing the digital asset space."

XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for high-speed, low-cost payments across borders. The XRPL consistently settles transactions in three to five seconds, with fees often less than a fraction of a cent. Since January, 2015, XRP's price has climbed from two cents to over $2.19, an increase of more than 10,800 per cent. Continuing regulatory clarity and growing institutional interest have positioned the XRPL to solve real-world use cases such as global remittances, liquidity management and broader blockchain applications.

Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term solana (SOL) holdings while delivering staking rewards. 3iQ Solana Staking quickly became the largest solana ETF following its launch and as of June 12, 2025, has over $120-million (U.S.) in assets under management.

About 3iQ Digital Asset Management

Founded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first digital assets managed account platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a bitcoin and ethereum ETP listed on a major global stock exchange, integrate staking into its ethereum and solana ETPs boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management.

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