Close Menu
Crypto Chain Post
    Trending

    This Metric Is Flashing a ‘Typically’ Bullish Signal for Bitcoin, According to Crypto Analytics Platform Santiment

    June 20, 2025

    Is Bitcoin Gearing Up for a Breakout? On-Chain Signals Say ‘Watch This Level’

    June 20, 2025

    Mantle Launches UR, a Blockchain-Powered Neobank Integrating Fiat and Crypto

    June 20, 2025

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    June 20, 2025

    Polemos Ignites Public Sale Frenzy on Kommunitas Launchpad

    June 20, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Friday, June 20
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » XRP Lands Its First $10 Million Corporate Acquisition: Details
    Altcoin

    XRP Lands Its First $10 Million Corporate Acquisition: Details

    News RoomBy News RoomMay 30, 2025No Comments2 Mins Read

    Data center operator Hyperscale Data has announced plans to purchase up to $10 million worth of XRP in preparation for the launch of its new blockchain-based lending platform in the third quarter of 2025. Led by its subsidiary, Ault Capital Group (ACG), it is a focused step into decentralized finance with an eye on serving U.S. public companies.

    As the core asset for a new enterprise lending system, XRP will be used exclusively for companies listed on the NYSE, NYSE American and NASDAQ. Initially in beta, the platform will allow eligible firms to borrow XRP on negotiated terms, backed by collateral or convertible into registered equity.

    What about volatility?

    As a hedge against crypto volatility, ACG plans to use XRP futures on the Chicago Mercantile Exchange. Additionally, the platform will be built on the XRP Ledger, which was chosen for its speed and low cost.

    However, the XRP acquisition and platform rollout depend on market and regulatory conditions, which Hyperscale acknowledged could affect the timing or scale of the project.

    Despite this uncertainty, the company’s $10 million investment in XRP positions it among the first to bring tokenized finance to the public equity space in a structured, institutional way.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Shiba Inu Investors Holding for 1 to 12 Months Have Amassed 29,570,000,000,000 SHIB This Month

    June 20, 2025

    IOTA Unlocks Next Chapter With Rebased Mainnet and Global Adoption Push

    June 20, 2025

    Elon Musk Sets Meme Coin Communities on Fire with PEPE Tweet but Here’s Catch

    June 20, 2025

    Company Linked to Trump Family Slashes Equity Stake in World Liberty Financial Crypto Project

    June 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Is Bitcoin Gearing Up for a Breakout? On-Chain Signals Say ‘Watch This Level’

    June 20, 2025

    Mantle Launches UR, a Blockchain-Powered Neobank Integrating Fiat and Crypto

    June 20, 2025

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    June 20, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.