For the longest time, XRP has been known exclusively as a utility token that derives its value from the role it plays in the Ripple ecosystem. As the native token of the XRP Ledger (XRPL), XRP’s most notable use cases are that of a settlement layer and bridge currency, being a key component in facilitating safe, fast, and low-cost cross-border transactions and powering Ripple’s on-demand liquidity (ODL) services and global payment network.
It’s precisely because of these innovative functionalities that people have first started taking an interest in how to buy XRP, and therefore, the token found its way into the pockets and portfolios of many traders and investors. But digital currencies rarely remain static; many expand their functionalities and use cases to adapt to evolving market demands and maintain their relevancy in a space that is in constant motion.
That’s also the case with XRP, which now seems to be broadening its horizons by breaking into the corporate treasuries arena. Sometimes, the expansion we’ve mentioned leads to a rebranding and often heralds a significant price increase; other times, it has little effect on the token’s value and performance.
It may be too soon to tell which of the two might be true for XRP. What we know right now is that his new path is paved by several companies across different industries that have decided to adopt XRP as a reserve asset. So, let’s see who these companies are and what they plan to do with their XRP holdings.
Nature’s Miracle Holding Inc. (OTCQB: NMHI)
Nature’s Miracle Holding is an agriculture technology (AgTech) company founded in 2021. In an official statement, the enterprise announced that it would allocate approximately $20 million to XRP, an initiative that is part of its new Corporate XRP Treasury program.
Nature’s Miracle is one of the first non-financial companies to show an interest in including XRP in its treasury. The company raised part of the funds for the purchase through an SEC-approved equity financing. The XRP tokens that Nature’s Miracle intends to acquire will be used as a long-term reserve asset, for staking purposes to generate yield, and as a way to engage with the Ripple ecosystem.
Trident Digital Tech Holdings (NASDAQ: TDTH)
Trident Digital Tech Holdings Ltd is a Singapore-based company that provides digital optimization and technology integration services. The firm has established a bold goal of investing $500 million into building its own XRP treasury. To put its plan into action, Trident has partnered up with Chaince Securities, which will serve as the strategic advisor.
For Trident, the purpose is to use XRP as both a long-term reserve and a cross-border settlement asset to source large-scale liquidity on demand. The company is already in talks with several institutional partners and foundations to secure funding.
VivoPower International PLC (NASDAQ: VVPR)
Founded back in 2014 and listed on Nasdaq since 2016, VivoPower is a sustainable energy solutions company with an international presence. The firm plans to raise $100 million to implement an XRP-focused treasury strategy, which implies accumulating and holding XRP as a long-term treasury asset, with assistance from Flare.
Since VivoPower operates in a field that requires significant upfront investments, its XRP holdings can provide notable benefits by offering round-the-clock access to a highly liquid asset, which can be particularly useful when it comes to facilitating supply chain payments or energy-market remittances.
Webus International (NASDAQ: WETO)
This global provider of collective AI-powered mobility services has signed an agreement with Samara Alpha Management LLC, a delegated manager for digital assets, to create a framework for exploring digital asset treasury operations.
The arrangement, which has an authorized mandate cap of up to $300 million, will focus on XRP specifically and is set to come into force as soon as Webus deposits assets into the designated custody wallet. For the time being, the company hasn’t allocated or invested any resources.
Worksport Ltd. (NASDAQ: WKSP)
Worksport is an American manufacturer of truck tonneau covers and clean energy systems in the automotive and consumer goods market. In December 2024, Worksport announced it would direct surplus cash towards creating a digital assets reserve, citing inflation hedging and portfolio diversification as the main incentives for the move.
The company made its entrance into the digital currencies market in January 2025 by allocating $5 million to crypto purchases, focusing primarily on XRP and Bitcoin. Worksport also revealed it plans to introduce XRP payments for its e-commerce website, an initiative that is expected to reduce transaction costs by up to 37% and make its services easily accessible to global audiences.
Wellgistics Health Inc. (NASDAQ: WGRX)
Established in 2022, the healthcare technology and pharmaceutical logistics company is seeking to benefit from faster settlement and smoother cross-border transactions by adopting XRP as a treasury reserve asset and a payment solution.
The company relies on a $50 million equity line of credit to build its XRP treasury, with the purpose of accessing liquidity on demand in real time and streamlining cross-border supplier payments.
Hyperscale Data Inc. (NYSE American: GPUS)
The enterprise, which provides hosting services for the artificial intelligence (AI) industry, defence, healthcare, and automotive, has set an amount of $10 million for purchasing XRP, to ensure faster settlements and improve operations. Furthermore, Hyperscale’s plans also include a potential 36-month lockup period for its XRP reserves, in alignment with the company’s long-term objectives.
Final thoughts
XRP has always been quite a unique asset in the crypto landscape, standing out from the rest of its peers due to its contribution to international transactions and global finance. As a crypto with real-world utility, XRP already benefits from a strong footing in the market. The fact that an increasing number of companies from diverse industries like agritech and biotech are taking an interest in XRP and plan to use it as a strategic financial instrument points to growing acceptance and legitimization for the asset.
