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May 9, 2025

Florida Pharma Firm Invests $50 Million in XRP for Real-Time Payments

Wellgistics Health (OTC: WGRX), a Florida-based pharmaceutical distributor, has announced a groundbreaking $50 million equity line of credit to integrate XRP into its treasury and payment frameworks. This strategic decision empowers the company to utilize the cryptocurrency for quick settlements, vendor payouts, and credit issuance across its pharmacy network. The move not only positions Wellgistics as an innovative player in the healthcare sector but also highlights the growing intersection of cryptocurrency and traditional business practices.

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