Wellgistics Health to Establish XRP Reserves: A First for US-Listed Companies

Wellgistics Health (Nasdaq: WGRX), a US-listed pharmaceutical distribution and healthcare infrastructure company, is pioneering a new initiative to integrate XRP reserves and Ripple's real-time payment infrastructure into its operations. This bold move, announced in a recent press release, positions Wellgistics as potentially the first publicly listed entity to hold XRP as a reserve asset. The company intends to secure these XRP reserves through a $50 million Equity Line of Credit (ELOC) program. This strategic adoption of XRP and Ripple's technology signals a forward-thinking approach to payment processing and financial management within the healthcare sector. If successful, this integration could streamline transactions, reduce costs, and enhance the efficiency of Wellgistics' operations. The company believes this will pave the way for others to adopt blockchain payment technology in the healthcare space. ```