XRP Lands Major $20 Million Corporate Acquisition: Details
Main Idea
NASDAQ-listed company Nature's Miracle Holding plans to allocate up to $20 million to establish an XRP treasury, marking a significant corporate adoption of XRP.
Key Points
1. Nature’s Miracle Holding intends to use proceeds from an equity financing agreement with GHS Investments to fund the XRP treasury.
2. This makes Nature’s Miracle one of the first publicly traded firms to formally include XRP in its core balance sheet.
3. The company also plans to explore the blockchain ecosystem, potentially using XRP to reduce cross-border transaction costs.
4. Other companies, like Hyperscale Data, are reportedly moving forward with similar XRP allocations.
Description
NASDAQ-listed company Nature's Miracle Holding reveals plan to establish $20 million XRP treasury
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