• Hyperscale’s Ault Capital Group targets to acquire $10M XRP for its treasury strategy. 
• Flora Growth Corp already holds XRP, Ethereum and Solana to strengthen its asset portfolio. 
• Firms highlight XRP’s role in cross-border payments and financial infrastructure benefits.

Hyperscale Data has announced that its subsidiary Ault Capital Group, plans to purchase up to $10 million worth of XRP tokens for corporate treasury. The company has filed Form 8-K reports with the SEC regarding plans to release monthly digital asset holdings reports beginning this month.

According to analyst Bill Morgan’s analysis of SEC filings, Hyperscale views XRP as particularly well-positioned for business finance applications that enable fast, secure, and efficient ability for transactions. Further, the firm plans to use XRP and the XRP Ledger to build cross-border settlement networks, real-time payment systems, and decentralized financial product creation.

The post Hyperscale Data Plans $10M XRP Purchase as Corporate Treasury Trend Grows appeared first on Coin Edition.

• Hyperscale’s Ault Capital Group targets to acquire $10M XRP for its treasury strategy. 
• Flora Growth Corp already holds XRP, Ethereum and Solana to strengthen its asset portfolio. 
• Firms highlight XRP’s role in cross-border payments and financial infrastructure benefits.

Hyperscale Data has announced that its subsidiary Ault Capital Group, plans to purchase up to $10 million worth of XRP tokens for corporate treasury. The company has filed Form 8-K reports with the SEC regarding plans to release monthly digital asset holdings reports beginning this month.

According to analyst Bill Morgan’s analysis of SEC filings, Hyperscale views XRP as particularly well-positioned for business finance applications that enable fast, secure, and efficient ability for transactions. Further, the firm plans to use XRP and the XRP Ledger to build cross-border settlement networks, real-time payment systems, and decentralized financial product creation.

The post Hyperscale Data Plans $10M XRP Purchase as Corporate Treasury Trend Grows appeared first on Coin Edition.