XRP is increasingly adopted by institutions, with companies like Flora Growth and Hyperscale Data adding XRP to their balance sheets, reflecting growing corporate interest in the Ripple-linked token.
-
Multiple firms disclose XRP holdings in SEC filings, signaling rising institutional confidence.
-
New corporate treasury strategies include large-scale XRP acquisitions, including a $300 million plan by Webus International.
-
XRP’s integration into Korean exchanges and BDACS custody platform boosts accessibility for institutional investors.
XRP institutional adoption surges as companies add XRP to balance sheets and launch treasury plans. Discover key developments and market impact today.
-
XRP adoption grows among corporations, backed by SEC filings and strategic treasury moves.
-
Flora Growth, Hyperscale Data, and Webus International lead with significant XRP holdings and plans.
-
BDACS platform listing and Korean exchange integrations enhance XRP’s institutional reach.
Which Companies Are Adding XRP to Their Balance Sheets?
Several companies have recently disclosed XRP holdings in official SEC filings, marking a trend of institutional adoption. Flora Growth, a U.S.-based firm, revealed XRP alongside Solana and Ethereum on its balance sheet in its Form 10-Q filing. Hyperscale Data announced monthly updates on digital asset holdings, beginning with XRP, and its subsidiary Ault Capital Group plans a $10 million XRP purchase. Additionally, Webus International filed a Form 6-K to launch a $300 million XRP-focused corporate treasury, highlighting significant corporate interest.
How Does XRP’s Institutional Adoption Impact the Market?
XRP’s growing presence in corporate treasuries signals increased trust and utility among institutional investors. The token’s integration into BDACS custody services and Korean exchanges such as Upbit, Coinone, and Korbit facilitates broader market access. A recent transfer of 20 million XRP worth nearly $60.6 million from Upbit to an unknown wallet underscores active institutional movements. These developments enhance XRP’s liquidity and market depth amid fluctuating prices.
What Are the Latest Developments in XRP Corporate Treasury Strategies?
Corporate treasury strategies involving XRP are evolving rapidly. Webus International’s $300 million XRP treasury initiative exemplifies large-scale adoption. London-based VivoPower and pharmaceutical distributor Wellgistics have also announced XRP-related treasury plans. These moves reflect a strategic shift toward digital asset diversification, leveraging XRP’s transactional efficiency and growing market acceptance.
What Role Does Korea Play in XRP’s Institutional Growth?
Korea is a pivotal market for XRP’s institutional expansion. The BDACS platform’s custody support for XRP clients and listings on Korea’s top exchanges enable seamless deployment of XRP assets. This regional focus strengthens Ripple’s partnerships and supports institutional investors seeking exposure to XRP within a regulated environment.
| Company | XRP Holdings | Notable Action |
|---|---|---|
| Flora Growth | Undisclosed amount | Form 10-Q filing reveals XRP on balance sheet |
| Hyperscale Data | Initial XRP assets reported | Monthly holdings updates planned |
| Webus International | $300 million treasury plan | Form 6-K filing with SEC |
What Is Driving the Surge in XRP Institutional Adoption?
XRP’s adoption by institutions is driven by its fast transaction speeds, low fees, and growing regulatory clarity. These factors make XRP an attractive option for corporate treasury diversification and digital asset holdings. Companies are increasingly recognizing XRP’s potential to enhance liquidity and hedge against market volatility.
How Are Companies Reporting XRP Holdings to Regulators?
Companies like Flora Growth and Hyperscale Data are using SEC filings such as Form 10-Q and Form 8-K to transparently disclose XRP holdings. This regulatory compliance builds investor confidence and sets a precedent for other firms considering digital asset integration.
Frequently Asked Questions
What companies have recently disclosed XRP holdings?
Flora Growth, Hyperscale Data, and Webus International have publicly disclosed XRP holdings through SEC filings, signaling increased institutional adoption.
How is XRP integrated into Korean markets?
XRP is supported on BDACS custody platform and listed on major Korean exchanges like Upbit, Coinone, and Korbit, facilitating institutional access.
Key Takeaways
- Institutional adoption of XRP is rising: Multiple companies now hold XRP on their balance sheets.
- Corporate treasury strategies evolve: Firms like Webus International plan large XRP treasury allocations.
- Korean market integration: BDACS and top exchanges boost XRP’s institutional accessibility.
Conclusion
The growing institutional adoption of XRP, highlighted by SEC filings and strategic treasury initiatives, underscores its increasing role in corporate finance. With enhanced access through platforms like BDACS and Korean exchanges, XRP is positioned for sustained growth. Companies and investors should monitor these developments closely as digital asset integration deepens.
XRP enthusiast and legal attorney Bill Morgan has taken to X to share an update as more companies aim to hold XRP on their balance sheets. Morgan provided the most recent update on companies adopting the XRP strategy, as revealed by their SEC filings.
According to Morgan, the Form 10-Q filing of U.S.-based company Flora Growth shows it holds XRP alongside Solana and ETH on its balance sheet. According to the company’s website, it acquired the digital assets to strengthen its balance sheet.
Form 8-K filed by Hyperscale Data discloses that it will begin publishing monthly updates on its digital asset holdings this month, with the first report reflecting initial XRP assets added to the balance sheet.
On May 28, 2025, Hyperscale announced that its subsidiary, Ault Capital Group Inc., planned to buy $10 million in XRP.
In June, Webus International, a China-based automotive and hospitality company, filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC), announcing plans to launch a $300 million XRP-focused corporate treasury.
Other companies, such as London-based VivoPower and pharmaceutical distribution company Wellgistics, also announced similar moves tied to the Ripple-linked token.
XRP gains institutional adoption
In a new listing, XRP is now available on BDACS, offering custody support for institutional clients. XRP’s launch on the BDACS platform strengthens its long-standing partnership with Ripple, reflecting a commitment to the Korean market.
With integrations into Korea’s top exchanges, Upbit, Coinone and Korbit, clients can now deploy XRP across the largest trading venues in Korea following the recent listing.
Around press time, XRP was changing hands at $2.97 in light of the ongoing market drop.
