Listed pharmaceutical company Wellgistics Health will use XRP as a reserve of funds and has secured a $50 million line of credit.
Foresight News reports that the pharmaceutical distribution and healthcare infrastructure company Wellgistics Health (NASDAQ: WGRX) has announced a new initiative to be the first to use blockchain-based digital asset XRP as a reserve of funds and real-time payment infrastructure. This XRP payment plan is supported by Wellgistics Health's $50 million equity line of credit (ELOC).