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Nature’s Miracle the First Public Company With a $20 Million Corporate XRP Treasury


by Coin Edition
for CoinEdition
Nature's Miracle the First to Launch a $20 Million XRP Treasury
  • Nature’s Miracle will allocate up to $20M from SEC-approved equity financing to purchase XRP.
  • The company plans to hold XRP as long-term reserves and engage with the Ripple ecosystem.
  • This move follows the GENIUS Act and marks a shift toward XRP in corporate crypto strategies.

The publicly traded digital asset firm Nature’s Miracle Holding Inc. has announced a new corporate XRP treasury program worth up to $20 million. The company plans to use proceeds from an equity financing deal with GHS Investments, backed by an SEC-approved registration statement, to fund the XRP purchases and cover working capital needs.

This move makes Nature’s Miracle one of the first publicly traded firms to adopt XRP as a core asset in its treasury strategy. The company plans to acquire and hold XRP as part of its long-term reserves. It also aims to…

The post Nature’s Miracle the First Public Company With a $20 Million Corporate XRP Treasury appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Does the SEC Keep Pausing ETFs That Hold XRP? A Look at the Bitwise Case

Why Does the SEC Keep Pausing ETFs That Hold XRP? A Look at the Bitwise Case

In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) app...
Wellgistics Health Files to Use XRP for Treasury, Cites XRPL Efficiency

Wellgistics Health Files to Use XRP for Treasury, Cites XRPL Efficiency

Wellgistics Health, Inc. (NASDAQ: WGRX), a Florida-based pharmaceutical distribution ...

Nature’s Miracle the First Public Company With a $20 Million Corporate XRP Treasury


by Coin Edition
for CoinEdition
Nature's Miracle the First to Launch a $20 Million XRP Treasury
  • Nature’s Miracle will allocate up to $20M from SEC-approved equity financing to purchase XRP.
  • The company plans to hold XRP as long-term reserves and engage with the Ripple ecosystem.
  • This move follows the GENIUS Act and marks a shift toward XRP in corporate crypto strategies.

The publicly traded digital asset firm Nature’s Miracle Holding Inc. has announced a new corporate XRP treasury program worth up to $20 million. The company plans to use proceeds from an equity financing deal with GHS Investments, backed by an SEC-approved registration statement, to fund the XRP purchases and cover working capital needs.

This move makes Nature’s Miracle one of the first publicly traded firms to adopt XRP as a core asset in its treasury strategy. The company plans to acquire and hold XRP as part of its long-term reserves. It also aims to…

The post Nature’s Miracle the First Public Company With a $20 Million Corporate XRP Treasury appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Does the SEC Keep Pausing ETFs That Hold XRP? A Look at the Bitwise Case

Why Does the SEC Keep Pausing ETFs That Hold XRP? A Look at the Bitwise Case

In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) app...
Wellgistics Health Files to Use XRP for Treasury, Cites XRPL Efficiency

Wellgistics Health Files to Use XRP for Treasury, Cites XRPL Efficiency

Wellgistics Health, Inc. (NASDAQ: WGRX), a Florida-based pharmaceutical distribution ...