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Crypto Resurgence: Nasdaq Company Pioneers XRP Treasury Strategy

Nature's Miracle, a Nasdaq-listed firm specializing in vertical farming technologies, is embarking on a groundbreaking initiative by launching an institutional XRP treasury program that could generate up to $20 million.

This strategic decision positions XRP as a core asset for long-term reserves, staking returns, and active participation in the Ripple ecosystem.

The acquisition of XRP will be funded through equity financing facilitated by GHS Investments, following an S-1 registration statement approved by the SEC.

In doing so, Nature's Miracle becomes one of the first public companies to centralize XRP in its treasury management.

Currently, XRP holds the position of the third-largest cryptocurrency by market capitalization, indicating its significant role in the crypto landscape.

The company’s statement reveals that initial XRP purchases will be financed by proceeds from stock sales related to the S-1 filing.

Future strategies may include new stock issuances and structured finance instruments aimed at broadening XRP's adoption.

CEO James Li highlighted that following the enactment of the GENIUS Act, institutions are increasingly adopting cryptocurrencies as key treasury assets.

He noted XRP's enhanced transaction speeds and lower costs in cross-border payments, positioning it as a valuable tool in the financial sector.

With collaborations already underway with major players like Banco Santander and American Express, Nature's Miracle believes this initiative will greatly benefit both shareholders and the company's growth.