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Ripple News: Nasdaq Firm Files $50M Plan to Integrate XRP into Core Operations

Published by
Debashree Patra and Qadir AK

XRP is gaining fresh momentum in the real-world utility race, and this time, it’s coming straight from an official SEC filing. In a surprise move, Wellgistics Health, a Nasdaq-listed healthcare firm, has revealed its plans to deeply integrate XRP and the XRP Ledger (XRPL) into its core business operations. This could become one of the most bullish developments for Ripple in 2025.

Healthcare Meets Crypto: SEC Filing Reveals XRP Plans

Wellgistics Health filed a detailed S-1 form with the SEC outlining its vision to use XRP not just for payments but also as a strategic financial asset. The company aims to use XRP for B2B transactions, treasury reserves, collateral, and even capital-raising activities. The filing also highlights a $50 million fund from LDA Capital that will support the development of XRP infrastructure within the firm.

XRP’s Utility in Doubt? Analysts Share Mixed Opinion

While Ripple continues to battle regulatory challenges with the SEC, this move strengthens XRP’s image in the market. It provides real-world proof that XRP isn’t just a speculative token; it’s being positioned as a financial tool by a legitimate company. Analysts believe this undermines the old narrative that XRP lacks utility.

Crypto experts like Bill Morgan explained that Wellgistics Health isn’t just holding XRP like savings, it plans to actively use it in its business. The company aims to send fast, low-cost payments using the XRP Ledger, raise funds by selling shares to buy more XRP, use XRP as backup for loans, and even earn income from it. This shows XRP being used in real-world ways, not just sitting idle, proving it has real utility.

However, on the flip side, Former SEC official Marc Fagel cast doubt on Wellgistics Health’s credibility, highlighting its poor financials, minimal assets, and a “going concern” auditor warning. He compared the move to crypto pump-and-dump tactics and questioned the legitimacy of a healthcare startup needing a crypto stockpile. Fagel suggested that the XRP strategy might simply be a ploy to raise capital by riding the crypto and AI wave. 

Still, Morgan responded that using crypto for treasury and payments is becoming a broader trend, and Wellgistics’ filing does suggest genuine plans to integrate XRPL into real business use.

Utility Over Hype? XRP Price Reacts

The market took note, with XRP climbing over 12.6% recently, outpacing other altcoins. Some investors like Xaif have pointed to the price action as utility-driven rather than hype-based. The rally follows broader optimism around Ripple’s positioning in the fintech space, especially as new products like RLUSD emerge.

The Wellgistics filing could mark a new chapter for XRP. Instead of being seen as a speculative asset, the token is now entering boardrooms and corporate strategy. That could be a game changer not only for Ripple but for crypto’s role in traditional industries.

FAQs

What is Wellgistics Health’s plan with XRP?

Wellgistics aims to use XRP for payments, treasury, collateral, and fundraising per its SEC S-1 filing.

Is XRP being used in real businesses now?

Yes, Wellgistics plans to integrate XRP into real operations, showing its shift from speculation to utility.

Is Wellgistics Health’s XRP move legit?

Opinions vary; critics question its finances, but filings show real intent to use XRP in operations.

Can XRP be used for business payments?

Yes, XRP enables fast, low-cost B2B payments, as Wellgistics plans to leverage the XRP Ledger (XRPL) for this.

Debashree Patra and Qadir AK

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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