Best Altcoins to Buy as Nasdaq Company to Integrate XRP Into Daily Operations
The post Best Altcoins to Buy as Nasdaq Company to Integrate XRP Into Daily Operations appeared on BitcoinEthereumNews.com. This was buoyed by news that a major company plans to integrate XRP into its core operations. The move echoes the growing corporate interest in XRP and its potential beyond being just a speculative digital asset. But it also reflects a broader trend of companies and even banks becoming involved with cryptocurrency. With that, traders are searching for the best altcoins to buy that could benefit the most from the increasing institutional adoption of crypto. We analyzed the XRP situation and industry trends to find out. Wellgistics Health Eyes XRP Transactions, Collateralized Fund Raising Wellgistics Health, a leading health-tech company listed on the Nasdaq, has filed an S-1 form with the SEC to leverage XRP and the XRP Ledger in its operations. To start with, the company plans to hold XRP as a treasury asset. But as Ripple Attorney Bill Morgan explains, it’s doing a lot more than just that. It will utilize XRP to facilitate low-cost and fast B2B and B2C transactions. And potentially most importantly, the company intends to issue equity or debt securities to raise capital for buying more XRP. The company may also use the XRP it holds as collateral. “In short, it’s using XRP as a reserve asset, to earn income, to use it as collateral, and use it for payments all in one. XRP will be working hard for WH,” concludes Morgan. The Wellgistics Health stock price is up 3.18% on the after-hours market, signalling investor optimism surrounding the move. Crypto treasuries are becoming an increasingly common model for corporations, with Bitcoin, Ethereum, and Solana all generating notable interest in recent months. But as Morgan explains, this is more than just another crypto stockpile; it’s a vision to make XRP a core pillar of a strong business model. If other companies follow suit, the…
The post Best Altcoins to Buy as Nasdaq Company to Integrate XRP Into Daily Operations appeared on BitcoinEthereumNews.com.
This was buoyed by news that a major company plans to integrate XRP into its core operations. The move echoes the growing corporate interest in XRP and its potential beyond being just a speculative digital asset. But it also reflects a broader trend of companies and even banks becoming involved with cryptocurrency. With that, traders are searching for the best altcoins to buy that could benefit the most from the increasing institutional adoption of crypto. We analyzed the XRP situation and industry trends to find out. Wellgistics Health Eyes XRP Transactions, Collateralized Fund Raising Wellgistics Health, a leading health-tech company listed on the Nasdaq, has filed an S-1 form with the SEC to leverage XRP and the XRP Ledger in its operations. To start with, the company plans to hold XRP as a treasury asset. But as Ripple Attorney Bill Morgan explains, it’s doing a lot more than just that. It will utilize XRP to facilitate low-cost and fast B2B and B2C transactions. And potentially most importantly, the company intends to issue equity or debt securities to raise capital for buying more XRP. The company may also use the XRP it holds as collateral. “In short, it’s using XRP as a reserve asset, to earn income, to use it as collateral, and use it for payments all in one. XRP will be working hard for WH,” concludes Morgan. The Wellgistics Health stock price is up 3.18% on the after-hours market, signalling investor optimism surrounding the move. Crypto treasuries are becoming an increasingly common model for corporations, with Bitcoin, Ethereum, and Solana all generating notable interest in recent months. But as Morgan explains, this is more than just another crypto stockpile; it’s a vision to make XRP a core pillar of a strong business model. If other companies follow suit, the…
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