On July 21, VivoPower and Wellgistics Health announced they are incorporating XRP into their treasury operations. This shift marks a significant move away from traditional assets like Bitcoin, favoring XRP for corporate treasury strategies.
VivoPower raised 121 million USD led by Saudi investors for XRP purchases, while Wellgistics secured a 50 million USD credit line to support XRP integration. Following the news, VivoPower stocks rose by 8%–15% and Wellgistics by 8%–10%.
XRP is currently trading at 3.53 USD, with a market cap of 209.18 billion USD, reflecting a growing institutional interest in cryptocurrency. The recent adoption by these firms emphasizes XRP’s potential in corporate finance and its increasing recognition.
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