Overview

• Wellgistics began processing low-cost, real-time transactions on the XRP Ledger across its network of over 6,000 pharmacies and 150 manufacturers to accelerate settlements.
• The company secured a $50 million equity line with LDA Capital to fund ongoing acquisitions of XRP and expand its blockchain payment infrastructure.
• In its July 15 SEC S-1 filing, Wellgistics outlined plans to hold XRP as a treasury reserve and use the digital asset as collateral for debt and equity financing.
• Wellgistics is developing passive income strategies—such as staking and lending—to generate yield from its XRP holdings.
• The rollout has coincided with a rally in XRP prices and heightened scrutiny of crypto in healthcare, drawing praise from blockchain advocates and caution from former SEC officials.