- Wellgistics allocates $50M to XRP, reshaping treasury management strategy.
- Nature’s Miracle joins XRP wave with $20M digital asset program.
- GENIUS Act fuels corporate XRP adoption across multiple U.S. sectors.
Wellgistics Health, Inc. (NASDAQ: WGRX), a Florida-based pharmaceutical distribution company, has taken a bold step by filing with the U.S. Securities and Exchange Commission (SEC) to adopt XRP for treasury management. This move follows the company’s announcement of a $50 million Equity Line of Credit (ELOC) from LDA Capital to back the strategy.
The company will use the capital to expand its XRP margin and make a slow transition to use part of its financial infrastructure on blockchain technology. Wellgistics entered into a filing of Form S-1, according to which the company plans to raise funds via the issue of debt securities and other instruments to accumulate its XRP stores over time.
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Wellgistics is not only planning to acquire XRP as a treasury asset but also investing in the XRP Ledger (XRPL) to create a blockchain-based payment solution. The long-term goal is to utilize XRP as loan collateral, which would increase its financial freedom and decrease its dependence on the traditional banking system.
The decision is a possible first in the American healthcare industry since no other publicly traded company in the healthcare space has turned to XRP for treasury management. The choice was mostly related to XRPL’s speed, low transaction costs, and scalability, which provide great benefits in terms of operational cost management and transactions.
Growing Market Support and On-Chain Metrics Back the Bold Strategy
Recent legislative support in the U.S., particularly the passage of the GENIUS Act, has added momentum to blockchain adoption. As the Ripple USD-backed stablecoin (RLUSD) is gaining popularity, the XRPL world can be used more widely on an institutional level.
Market statistics indicate that XRP has experienced pressure on the downside in recent times, as the coin has declined by 15.5 percent over the past week. But the correction has been taken up by whale investors. According to Ali analyst-sourced data provided by Santiment, accounts with 10 million to 100 million XRP holdings increased their holdings by more than 280 million tokens within the ten-day period.
Wellgistics Health’s adoption could influence other companies exploring digital assets for treasury diversification. Since XRP is transacted on XRPL, small quantities are burned in the transactions, eventually lowering its circulating supply, which may affect the long-term value.
Nature’s Miracle Joins XRP Push with $20M Treasury Program
Nature’s Miracle Holding Inc., a U.S.-based vertical farming firm, has unveiled plans to adopt XRP through a $20 million corporate treasury program. Working capital will also be provided by the funding, which was acquired based on an equity deal with GHS Investments.
In its release, the company states that it was prompted by President Trump’s move to promote digital asset usage upon signing the GENIUS Act. In addition to storing XRP, the project will stake and integrate with Ripple’s enterprise blockchain tools.
The company also seeks to enhance its financial activities and follow the global trend of other institutions using XRP in treasury innovation.
Wellgistics Health’s $50 million XRP bet signals a notable shift in how U.S. public companies, especially in healthcare, may approach digital assets. By integrating XRP into its treasury and blockchain plans, the firm could pave the way for wider industry adoption.
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