XRP Treasury Holdings Surge as Reliance and Others Expand Reserves

Reliance Global’s $17 million XRP purchase signals a strong corporate shift toward blockchain-based treasury diversification.

Total corporate XRP holdings now exceed $11.5 billion, with SBI Holdings leading global institutional adoption.

Expanding XRP treasuries across firms in Japan and the US mark growing confidence in blockchain’s financial utility.

Reliance Global Group has officially entered the XRP market, purchasing $17 million worth of the token as part of its digital asset diversification strategy. The Nasdaq-listed firm confirmed the acquisition in a recent filing, describing it as a strategic step toward strengthening its blockchain-based asset portfolio.

Reliance Chairman and CEO Ezra Beyman said the inclusion of XRP complements the company’s existing holdings in Bitcoin, Ethereum, and Cardano. He emphasized that XRP’s transaction speed, scalability, and energy efficiency align with Reliance’s long-term growth plans. The move positions the firm alongside other corporations adopting blockchain assets for operational and treasury benefits.

XRP Strengthens Position Among Major Cryptocurrencies

XRP remains the fourth-largest cryptocurrency by market capitalization and continues to attract institutional interest due to its efficient cross-border transaction system. Its low fees and settlement speed of under five seconds have made it increasingly appealing for financial firms and corporations seeking reliable digital reserves.

The trend extends beyond the United States. Japan’s Gumi Inc. recently announced a $38 million capital raise, allocating $13.5 million to its XRP treasury under its Digital Asset Treasury (DAT) initiative. The company plans to leverage XRP’s network for cross-chain integration and staking to enhance shareholder value. Similarly, VivoPower raised $19 million to grow its XRP holdings, marking another step in corporate adoption of the token as a digital reserve asset.

Corporate XRP Holdings Surpass $11.5 Billion

According to data from Crypto Treasury Tracker, XRP holdings across corporate treasuries have surpassed $11.5 billion in total value. SBI Holdings leads with approximately $10.4 billion, followed by Trident Digital and Webus International. Trident recently outlined plans to secure up to $500 million for one of the first large-scale XRP corporate treasuries, while Webus filed with the SEC for its $300 million XRP-focused reserve. Both firms are establishing partnerships to guide strategic digital asset expansion centered around XRP.

The increasing corporate investment highlights XRP’s expanding role as a preferred reserve asset among global firms. Its growing acceptance underscores the broader movement toward integrating blockchain-based assets into traditional treasury frameworks, positioning XRP as a prominent player in corporate finance diversification.

The post XRP Treasury Holdings Surge as Reliance and Others Expand Reserves appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

XRP-1.91%
XZK-6.91%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)