Nature’s Miracle has announced the launch of a corporate XRP treasury program worth up to $20 million, becoming one of the first publicly traded companies to adopt XRP as a key part of its financial strategy.
Launch of XRP Treasury Program
Nature’s Miracle announced the creation of a $20 million XRP treasury program. This decision makes the company one of the first public organizations to implement XRP into its financial strategy.
Funding of XRP Purchase
The company intends to use part of the proceeds from its SEC-effective S-1 registration to purchase XRP and cover other business expenses.
Significance for the Company and XRP
The launch of this program may strengthen Nature’s Miracle's position in the market and increase interest in XRP, which currently ranks third in market capitalization among cryptocurrencies.
Nature’s Miracle's XRP treasury program indicates a growing interest in cryptocurrencies among public companies and may positively impact both the company and the XRP market as a whole.