Hyperscale Data, a subsidiary of Ault Capital Group, is planning to acquire up to $10 million worth of XRP. The move comes as part of the company’s strategy to expand its financial services capabilities through blockchain integration, specifically via a decentralized finance (DeFi) lending platform that will utilize the XRP Ledger. The diversified holding company confirmed that its wholly owned subsidiary, Ault Capital Group, Inc. (ACG), intends to launch an enterprise-focused XRP lending platform in the third quarter of 2025. This platform will initially be released in beta and is described as ACG’s first DeFi application. JUST IN: Hyperscale Data’s Subsidiary ACG to Acquire $10 Million in $XRP by Year-End 2025, Marking Major Expansion into Crypto Financial Services WE'RE SO BACK pic.twitter.com/Hcpv4RXNhK — 𝕏aif | (@Xaif_Crypto) May 29, 2025 Lending Platform to Serve Public Companies The platform will serve only public companies listed on the New York Stock Exchange, NYSE American, and all tiers of the NASDAQ Stock Market. These companies will be eligible to apply for loans denominated in XRP, with terms negotiated individually with ACG. Once finalized, loan details will be published on-chain. The loans are expected to be secured either by the applicant’s assets or convertible into the applicant’s registered common stock. To manage its exposure to XRP’s price volatility , ACG plans to use XRP futures contracts traded on the Chicago Mercantile Exchange. This approach is intended to provide a level of risk management that aligns with institutional finance standards. ACG highlighted that the platform will leverage the XRP Ledger to facilitate rapid, cost-effective, and secure transactions, consistent with the Ledger’s design principles. Blockchain Integration and Institutional Strategy The acquisition of up to $10 million worth of XRP will support this lending initiative. The company stated that it aims to offer a blockchain-based financing solution that is compliant, secure, and appropriate for institutional use. The platform is part of a larger strategy focused on tokenizing real-world assets, providing alternative financing to publicly listed companies, and enabling cross-border settlements using blockchain infrastructure. ACG indicated that further financial instruments involving digital assets are expected to be revealed in the future. Milton “Todd” Ault III, Executive Chairman of Hyperscale Data, commented that the firm’s objective is to create infrastructure that integrates traditional financial mechanisms with blockchain capabilities. He emphasized that XRP and the XRP Ledger provide enterprise features that allow for the incorporation of hedging and risk tools, making it suitable for institutional borrowing and lending. Risks and Recent XRP-Related Developments The company also cautioned that its acquisition plans and platform development are subject to many risks, including market volatility, regulatory compliance, capital availability, and the feasibility of effective hedging strategies. These uncertainties may lead to delays, changes, or cancellations of the proposed initiatives. The announcement comes shortly after another XRP-related development reported by journalist Jungle Inc., who stated that Saudi Prince Abdulaziz bin Turki Al Saud invested $100 million into VivoPower’s XRP-centric treasury strategy. That company reportedly raised $121 million for this initiative, further indicating rising institutional interest in XRP. As blockchain technology continues to gain traction among corporate entities, announcements such as these signal a growing momentum behind XRP’s role in enterprise-level finance. Whether ACG’s planned platform will materialize as scheduled will depend on numerous external factors, but the public commitment to XRP acquisition represents a notable development for digital asset markets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Another Big Firm Announces $10 Million XRP Purchase Plan appeared first on Times Tabloid .
