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3 Major Companies Target XRP for Reserves: A Game-Changer for Its Price?
Ripple’s XRP is gaining serious traction as three major companies—Wellgistics Health, VivoPower International, and Webus International—announce plans to adopt it as a strategic reserve asset.
Wellgistics Health is tapping into a $50 million credit line to integrate XRP for real-time payments, aiming to replace outdated payment systems with Ripple’s faster blockchain technology.
VivoPower International plans to allocate $100 million of its recently raised $121 million—backed by Saudi royalty—toward XRP purchases. Partnering with BitGo, the company is building a secure XRP-based treasury.
Webus International, a major Chinese travel firm, intends to raise $300 million to form a dedicated XRP reserve. Their goal: faster and more transparent cross-border payments.
What’s the Impact?
XRP is currently trading around $2.18, still 33% below its all-time high of $3.38. However, growing institutional adoption signals rising trust, which could push prices higher—and even open the door for an XRP ETF approval in the future.