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US-listed Medical Company Wellgistics Adopts XRP Financial Strategy

2025/05/11 22:28 (Updated 2025/05/14 11:01)

CoinPost

Written by Lewis Kikutani

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US-listed Medical Company Wellgistics Adopts XRP Financial Strategy

First Medical Company to Adopt an XRP Financial Strategy?

On May 8, Wellgistics Health, a leading US pharmaceutical distribution company listed on the NASDAQ, announced a new initiative to use the cryptocurrency XRP as a reserve and real-time settlement infrastructure. The company is expected to be the first listed medical company to adopt XRP in this manner.

This XRP payment concept is backed by the $50 million Equity Line of Credit (ELOC) secured by the company. The funds raised will be used for programmable liquidity and financial infrastructure development as needed, aiming to eliminate bank payment delays, reduce costs, and improve transparency across the national medical network.

The benefits of introducing XRP according to the company are...

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