The post Nature’s Miracle Joins Growing XRP Wave with $20M Corporate XRP Treasury Program appeared first on Coinpedia Fintech News
Nature’s Miracle Holding Inc., a leader in vertical farming technology, has announced the launch of a Corporate XRP Treasury program of up to $20 million. This move places the company among the first publicly traded firms to adopt XRP as a core treasury asset.
Long-Term XRP Strategy with Staking
The company plans to hold XRP long-term, earn rewards through staking, and actively engage in the Ripple ecosystem. To support the initiative, it plans to use part of the funds from its recently approved S-1 equity financing, once it chooses to sell shares under that arrangement
Over time, the company may expand its XRP holdings through a mix of additional equity sales, strategic partnerships, and other financing tools.
James Li, the CEO of Nature’s Miracle, notes that with the GENIUS Act now signed, more companies are starting to use crypto in their financial strategy. He believes XRP has strong potential, and with its fast, cost-effective approach for global payments, it is already trusted by major financial institutions like Santander and American Express.
More Companies Eye XRP Treasuries
This comes as interest in XRP continues to grow, with more companies seeing it as a viable treasury option. Recently, Singapore-based Trident Digital also revealed plans to raise up to $500 million to build a corporate treasury focused on XRP. Its launch is planned for late 2025, pending regulatory clarity.
Previously, Nasdaq-listed VivoPower also raised $121 million in a private offering to become the first public company to adopt XRP as a core treasury asset.
Is Ripple Becoming A “Treasury Company”?
Bitwise CEO Hunter Horsley recently suggested that Ripple could become an “XRP treasury company” within 12 months, as hype around XRP and corporate adoption continues to grow. XRP is currently trading at $3.10, down 10% in the last 24 hours.
RLUSD Gaining Traction
Ripple’s stablecoin RLUSD is also picking up speed. Ripple has partnered with BNY Mellon to serve as the primary custodian for its RLUSD stablecoin reserves. CEO Brad Garlinghouse recently shared that Bluechip has ranked RLUSD as the most trusted stablecoin on the market. RLUSD has also crossed $550 million in market cap.