Ripple is on the verge of significant changes in its business model, which may redefine its role in global finance.
Transformation of Ripple into a Treasury
Bitwise CEO Hunter Horsley indicated that Ripple might become an 'XRP treasury company' within the next 12 months. Given that Ripple controls 42% of the entire XRP supply, this shift in perception could significantly affect its future strategies.
Corporate Interest in XRP
Several public companies are actively building their XRP reserves. For instance, Trident Digital Tech Holdings plans to raise $500 million, while Webus International intends to secure $300 million. Additionally, VivoPower International and Wellgistics Health have already obtained financing of 121 million and 50 million XRP, respectively. This growing interest in XRP confirms its status as a strategic financial asset.
Conclusion
With billions in XRP holdings and increasing institutional interest, Ripple is becoming one of the key players in the XRP treasury space. Changes within the company may leave a significant mark on the cryptocurrency infrastructure and transform its current standing.
Ripple continues to evolve, and its changes may have a profound impact on the cryptocurrency market.
