Nature's Miracle Holding Inc., a leader in vertical farming technology, has announced the establishment of a corporate XRP treasury program valued at up to $20 million. The company plans to use proceeds from equity financing through GHS Investments, following the recent effectiveness of their SEC Form S-1 registration statement, to purchase XRP and meet working capital needs. This move positions Nature's Miracle as one of the first publicly traded companies to adopt XRP, the third-largest cryptocurrency, as a core treasury strategy. The initiative involves acquiring XRP tokens for long-term strategic reserves, deploying staking mechanisms for yield generation, and engaging within the Ripple ecosystem. CEO James Li cited the potential benefits of XRP in improving speed and reducing costs of cross-border payments, aligning with broader institutional adoption following the signing of the GENIUS act by President Trump.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.