Bitwise CEO Hunter Horsley is peering into his crystal ball 🧙♂️ and making bold predictions: next year, we might all be calling Ripple the “XRP treasury company.” That’s right, folks—move over, old-school banks, and make room for the crypto accountants with jazz hands!
According to Ripple’s XRP markets report for Q1 (which is probably longer than most novels 📚), they’re holding onto 4.56 billion XRP. That’s more than my Aunt Ruth’s collection of expired coupons. And get this: there are another 37 billion XRP tokens locked up tighter than your grandma’s secret meatloaf recipe, all sitting pretty in escrow. Who needs a dragon to guard treasure when you’ve got blockchain?
Now, let’s talk about Ripple CEO Brad Garlinghouse. This guy’s going around saying the company’s $11 billion valuation is “very outdated” (translation: “Please, Forbes, add a few more zeros!”). Thanks to all these XRP tokens, Ripple’s digital piggy bank is overflowing—think $100 billion stuffed under the blockchain mattress. 💰
At this point, nearly 42% of XRP’s total supply is floating in Ripple’s crypto swimming pool. (Hopefully, they brought lifeguards, because that’s a lot of zeroes.)
But before you grab your pitchforks—or your shopping carts—Ripple technically doesn’t hold those escrow tokens. Nope, they’re tied up in automated, on-ledger smart contracts that dish out XRP on a monthly schedule, like the world’s least predictable vending machine.
XRP as a treasury reserve asset
Want a plot twist? Several public companies are jumping into the “stockpile XRP” game as if there was a Black Friday sale at the crypto market. Trident Digital Tech Holdings is out here trying to scoop up $500 million worth—someone tell them the limit is supposed to be 10 per customer! Webus International is aiming for a cool $300 million, because why not? Meanwhile, VivoPower International and Wellgistics Health are stuffing their wallets with $121 million and $50 million of XRP, respectively. Maybe they’re building a secret clubhouse? 🏰
So, if you see executives in really nice suits nervously refreshing their XRP balances, you’ll know why. Forget treasure maps; in this world, it’s all smart contracts and spreadsheets—and maybe a little bit of dramatic flair. 🔥
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2025-07-10 09:18