Several Companies May Increase XRP Holdings Amid Growing Institutional Interest and New Market Listings

Key Points

1. Flora Growth, Hyperscale Data, and Webus International have disclosed XRP holdings in SEC filings, with Webus International planning a $300 million XRP-focused corporate treasury.

2. Hyperscale Data's subsidiary, Ault Capital Group, plans to purchase $10 million in XRP, reflecting strategic moves toward digital asset adoption.

3. XRP's institutional adoption is driven by its fast transaction speeds, low fees, and regulatory clarity, making it attractive for liquidity and hedging against volatility.

4. Korean markets play a pivotal role in XRP's growth, with BDACS custody support and listings on major exchanges like Upbit, Coinone, and Korbit enhancing institutional accessibility.

5. A recent transfer of 20 million XRP worth nearly $60.6 million from Upbit to an unknown wallet highlights active institutional movements in the market.