PANews reported on May 8 that according to Globenewswire, Wellgistics Health, Inc. (NASDAQ: WGRX), a listed medical technology company, announced that it will use the digital asset XRP as a fund reserve and real-time payment infrastructure. If successfully commercialized, the company may become one of the first listed medical companies to deploy XRP in this way. The plan is supported by Wellgistics Health's $50 million equity line of credit (ELOC), and the funds will be used to develop programmable liquidity solutions and on-demand financial infrastructure to eliminate bank delays, reduce costs and increase transparency in its national medical network. Management said the move is expected to reshape payment efficiency in the medical industry.
Wellgistics Health, a publicly traded medical technology company, will use XRP as a reserve fund and real-time payment infrastructure
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