Ripple’s XRP Gains Institutional Traction: $471M Treasury Proposals Highlight ETF Hopes and Cross-Sector Adoption
Ripple’s XRP is experiencing rising institutional interest driven by multiple developments. Three companies—Webus International, VivoPower, and Wellgistics—have collectively proposed allocating $471 million in XRP to their corporate treasuries. Webus International filed with the SEC for a $300 million reserve aimed at boosting cross-border payment liquidity, while Nasdaq-listed VivoPower raised $121 million for its XRP reserve, chiefly from Prince Abdulaziz bin Turki Al Saud. Wellgistics, a pharmaceutical distributor, is planning a $50 million XRP reserve to enable real-time healthcare payments. This broad institutional adoption and these large proposed treasury allocations would mark one of the largest XRP treasury moves by US public companies if realized. Additional market factors include Ripple suspending its routine monthly release of 1 billion XRP tokens—potentially reducing sell pressure—and market optimism over possible XRP ETF approval, as reflected by high Polymarket probability and pending ETF applications from Grayscale and Bitwise. New blockchain payment projects like Remittix are also driving efficiency and lower costs, adding further relevance to PayFi strategies. Taken together, these developments underscore XRP’s evolution from remittance to major institutional reserve asset and reinforce its role in digital treasury management. The news is likely to influence market sentiment and drive long-term adoption in finance, energy, and healthcare sectors, while also supporting hopes for ETF approval.
Bullish
Major US public companies proposing $471 million in XRP treasury allocations signals strong institutional validation and could drive positive price action, especially as corporate adoption historically boosts asset legitimacy and market interest. The pausing of Ripple’s routine token release temporarily reduces potential sell pressure, supporting price stability. Additionally, optimism for an XRP spot ETF—backed by high Polymarket odds and new applications—further stirs bullish sentiment. Cross-sector involvement in energy and healthcare amplifies the narrative that XRP use cases are expanding beyond remittances into broader payments and treasury management. While execution and regulatory clarity remain, the mere announcement enhances market confidence and may encourage both short-term trading momentum and long-term holding.