XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model
Main Idea
XRP is gaining traction among public companies as they adopt a treasury strategy similar to Bitcoin, signaling a shift in institutional crypto adoption.
Key Points
1. At least five companies are implementing an XRP Treasury Strategy, following a trend similar to MicroStrategy's Bitcoin strategy.
2. Vivopower International raised $121 million for a $100 million XRP treasury, aiming to become the first publicly traded company centered on XRP.
3. Worksport Ltd. allocated $5 million (10% of excess cash) for XRP and Bitcoin holdings.
4. Hyperscale Data Inc. plans to launch an XRP lending platform by late 2025, treating XRP as a balance sheet asset.
5. China-based Webus is targeting a $300 million XRP treasury for cross-border settlements and Web3 applications.
Description
XRP is emerging as the next big institutional crypto play as public companies embrace it as a treasury cornerstone, signaling explosive mainstream adoption. Wave of Public Firms Embracing XRP Sparks Institutional Crypto Shift A growing number of public companies are signaling a decisive pivot toward XRP as a strategic treasury asset, reshaping the narrative around
Latest News
- $640 Million Flows Into Ether ETFs as Bitcoin ETFs Notch 7th Day of Gains2025-08-15 14:32:56
- Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off2025-08-15 13:07:22
- Tron DAO, Justin Sun Accuse Bloomberg of False Asset Reporting2025-08-15 12:36:42
- Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs2025-08-15 11:32:51
- BTCC Teams Up With NBA All-Star Jaren Jackson Jr. in First-Ever Sports Sponsorship2025-08-15 11:04:26