Wellgistics Files to Adopt XRP for Treasury After $50M Credit Deal

HKAN | Jul 26

JUST IN: Wellgistics Files SEC Registration to Adopt XRP After $50M Financing

 

Wellgistics Health, a publicly traded healthcare infrastructure company, has filed regulatory paperwork announcing plans to integrate XRP (Ripple’s digital asset) into its treasury and payments operations. This initiative follows the company securing a $50 million credit facility, which will be used to develop an XRP-based payment infrastructure and expand its XRP holdings.

 

Strategic Use of XRP Across Operations

Dual Role of XRP: Wellgistics intends to use XRP both as a treasury reserve asset and as the primary on‑ledger payment rail for transactions among pharmacies, manufacturers, and suppliers.

 

Capital Commitment: The credit facility fuels development of real-time payment infrastructure, programmable liquidity tools, and potential XRP-backed credit lines for independent pharmacies.

 

Efficiency Goals: XRP’s rapid settlement time (3–5 seconds) and extremely low transaction cost (under a cent) promise to significantly reduce delays and expenses compared to traditional banking systems.

 

Why This Matters

This strategic shift makes Wellgistics one of the first public healthcare infrastructure companies to adopt XRP at scale. By embedding blockchain technology in its logistics model, the company aims to bring greater speed, transparency, and cost-efficiency to its operations.

 

The move reflects growing corporate interest in digital assets beyond Bitcoin and Ethereum, particularly as firms explore on-chain infrastructure for settlement and financing needs.

 

What to Watch Next

Timeline for implementation of XRP-powered payments across their network

Planned builds of programmable liquidity or credit features using XRP

Potential shareholder dilution if the credit facility is fully drawn

Regulatory developments surrounding XRP and corporate adoption