Largest Global Corporations Holding XRP Assets
In the global financial landscape, a notable trend has emerged since mid-2024: the adoption of XRP, the digital asset native to the Ripple platform, by publicly traded companies for treasury operations and related blockchain-based liquidity and payment solutions.
Several major institutional holders of XRP have been identified, including SBI Holdings with approximately $10 billion USD, Trident Digital Tech Holdings with up to $500 million USD, Webus International with up to $300 million USD, VivoPower International PLC with $100 million USD, Wellgistics Health Inc. with $50 million USD, Nature's Miracle Holding Inc. with up to $20 million USD, Hyperscale Data Inc. with $10 million USD, and Worksport Ltd. with up to $5 million USD.
The appeal of XRP for these companies lies in its advantage for fast and low-cost cross-border payments, a feature that is increasingly crucial in today's globalised economy. The rise in prominence of XRP confirms its growing role as a strategic solution in the financial management of listed companies.
Ripple's strategic partnerships with over 300 financial institutions worldwide, spanning more than 40 countries, have been instrumental in driving this adoption. These partnerships, which include banks like Santander, Bank of America, Standard Chartered, and SBI Holdings, focus on cross-border payments and liquidity solutions with XRP as a bridge currency.
One of Ripple's most significant advancements is the On-Demand Liquidity (ODL) protocol, which uses XRP to instantly convert fiat currencies. This protocol has gained adoption among bank partners in South America, Europe, and Asia, representing direct treasury and liquidity management use cases for XRP by institutions.
Notable traditional financial institutions such as HSBC and Goldman Sachs are also integrating Ripple technology into their core operations by 2025, part of a broader $100B institutional investment trend in blockchain tech, including XRP-centric platforms.
Ripple is also moving into enterprise and institutional custody solutions via acquisitions, such as Metaco and Rail in 2023, supporting institutional treasury management and tokenized assets. This suggests growing corporate treasury use of XRP.
The emerging infrastructure for institutional money handling on the XRP Ledger has become "impressive" with the launch of new stablecoins on the XRPL supporting treasury functions. This makes XRP and related services more accessible and attractive for institutional treasurers.
However, a precise, comprehensive list of publicly traded companies explicitly using XRP in treasury functions is not fully detailed in public sources. The broader adoption trend points to large banks and financial groups incorporating XRP-based liquidity, which may indirectly involve treasury functions.
In conclusion, while a centralized list of publicly traded companies using XRP directly for treasury operations is not yet available, the growing interest and adoption by major financial institutions, including HSBC and Goldman Sachs, indicate a promising future for XRP in the financial sector. The potential further institutional adoption of XRP is strongly tied to the approval of spot XRP ETFs in North America, which could lead to large institutional purchases of XRP, potentially including for treasury operations and asset holdings by publicly traded companies or funds.
- Many institutional investors, such as SBI Holdings and Trident Digital Tech Holdings, are increasingly turning to XRP for its low-cost and fast cross-border payment capabilities, which aligns with the financial needs of today's globalized economy.
- With strategic partnerships with over 300 financial institutions worldwide, Ripple's On-Demand Liquidity (ODL) protocol is gaining traction, particularly among banks, facilitating direct institutional use of XRP for treasury and liquidity management, hinting at a broader future adoption trend in the financial sector.
