Wellgistics Filing: Major XRP Utility Boost?
The crypto community is buzzing about a new development in the XRP landscape. While the Ripple vs. SEC case continues to be a focal point, the debate over XRP's utility is also top of mind. Critics have long alleged that the token lacks real-world applications. However, a recent SEC filing might change that narrative.
Wellgistics Health to Integrate XRP and XRPL
According to an S-1 SEC filing, Wellgistics Health, a Nasdaq-listed health company, intends to integrate XRP and the XRPL into its operational framework. This move could revolutionize the company’s payment infrastructure and provide a significant boost for XRP's perceived value.
Specifically, Wellgistics plans to leverage XRP and XRPL to facilitate real-time, low-cost B2B transactions. Additionally, the company aims to raise capital through equity and debt offerings to acquire more Ripple tokens.
This strategy positions XRP not just as a reserve asset but also as collateral for future financial activities, potentially generating income. Wellgistics plans to allocate $50 million, obtained from LDA Capital, to further develop XRP infrastructure.
This integration could significantly address and potentially resolve concerns regarding the utility of the Ripple token.
SEC Filing Counters the “No Utility” Argument?
The price of XRP has faced challenges amidst the ongoing Ripple vs. SEC lawsuit, leading to doubts about its performance and practical use. Some critics have even suggested that XRP's value would diminish following the launch of RLUSD. However, this new development is fostering optimism among experts such as Marc Fagel and Ali.
Marc Fagel noted in an X post that Wellgistics Health’s SEC filing outlines a comprehensive plan to integrate XRP across multiple corporate finance and operational layers.
Key highlights include XRP's role as a treasury reserve, a payment mechanism via XRPL, a tool for capital raising, and a source of collateralization.
What I have gathered from reading the S-1 form filed with the SEC today by Wellgistics Health is incredibly revealing. It is more than just a company using XRP in its treasury reserve.
This is a summary of what the filing revealed:
1. WH is not only planning to hold XRP as a…
— bill morgan (@Belisarius2020) July 25, 2025
Many believe this move demonstrates real-world utility, challenging the perception that XRP lacks practical applications. Crypto investor Xaif pointed out that XRP recently outperformed major altcoins, with a 12.6% price increase.
Xaif argues that this growth is driven by utility rather than mere hype.
- Source: X, Xaif
However, some, like Marc Fagel, have raised concerns regarding the necessity for a healthcare firm to hold a significant XRP stockpile.
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