Recently, attention has been drawn to CEO of Bitwise Asset Management Hunter Horsley’s thoughts on Ripple potentially transforming into an XRP treasury.
Hunter Horsley's Thoughts on Ripple
In a recent post on X, Hunter Horsley expressed that Ripple may soon be referred to not just as a blockchain company, but as an XRP treasury institution. He questions, "I wonder if in 12 months, people will call Ripple an XRP treasury company?"
Institutional Interest in XRP
Horsley’s comments coincide with a growing interest from institutional investors in XRP for treasury products. Firms such as Trident Digital and Webus are reportedly seeking to raise nearly $1 billion in XRP-linked treasury offerings, underscoring the token's expanding role beyond cross-border payments.
Ripple's Position and Community Opinions
Ripple currently holds approximately 40.92 billion XRP, accounting for about 41% of the total circulating supply. Some critics like entrepreneur Gary Cardone argue that if Ripple views XRP as a high-value long-term asset, it should adopt a treasury-based approach and declare its strategic intent. Conversely, some members of the XRP community believe Ripple already operates like a treasury institution in practice, even if not by name.
The questions surrounding Ripple's future as a potential XRP treasury become more pressing amid major institutional initiatives. The community anticipates clarifications regarding the company's direction.
