Publicly Traded Healthcare Firm Embraces XRP With Crypto Reserve

In brief

  • Wellgistics Health plans to build out an XRP treasury and XRP-enabled payment infrastructure, using a $50 million equity line of credit.
  • The healthcare infrastructure company aims to connect manufacturers directly to pharmacies with its blockchain-powered payment infrastructure.
  • The firm is one of the latest public companies to add crypto to its corporate treasury.

Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add Ripple Labs’ token to its corporate treasury—aligning the business with a growing list of publicly traded companies that have embraced digital assets in the U.S. 

Tampa-based Wellgistics plans to adopt XRP for payments infrastructure that will…

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