XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model
2025-06-30 23:38:16
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
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