Corporate XRP Treasury Growth Accelerates After Ripple Lawsuit Conclusion

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Following the recent resolution of the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), several public companies have begun actively expanding their XRP holdings. This shift reflects growing institutional confidence in XRP as a digital asset suitable for corporate treasury management. SEC filings over recent weeks highlight a clear trend: firms are incorporating XRP into their portfolios alongside cryptocurrencies like Bitcoin and Ethereum.

Pro-XRP attorney Bill Morgan has been closely tracking these developments. In a recent interview, Morgan noted that “the ball has already started rolling” in the corporate world, with several companies disclosing XRP acquisitions soon after the lawsuit’s conclusion. These movements suggest a significant uptick in demand for XRP, which could trigger a treasury accumulation race similar to what has recently been observed with Ethereum.

One notable example is Quantum Biopharma Ltd., which expanded its digital asset portfolio to include XRP and Ethereum, adding to its existing holdings of Bitcoin, Dogecoin, and Solana. This move signals Quantum’s strategic effort to diversify its cryptocurrency investments in light of Ripple’s cleared regulatory path.

Worksport Ltd., which initiated its corporate crypto strategy in December 2024, has reported a profitable position with XRP, currently sitting at approximately 15% gains. Worksport’s approach uses cryptocurrencies as a hedge against inflation and financial uncertainty, a tactic gaining traction among companies wary of traditional fiat currency risks. The company has also recently doubled its Bitcoin holdings, signaling strong confidence in its crypto treasury strategy.

Flora Growth Corp. has also revealed in its latest SEC Form 10-Q filing that it holds XRP alongside other digital assets like Solana and Ethereum. The cannabis-focused company’s inclusion of XRP on its balance sheet further exemplifies the growing acceptance of cryptocurrencies across diverse industries.

Additionally, Hyperscale Data Inc. announced plans to disclose its digital asset portfolio in an upcoming SEC filing. The company’s subsidiary, Ault Capital Group Inc., had earlier revealed intentions to acquire $10 million worth of XRP, underscoring the growing institutional appetite for the digital currency.

Morgan commented on these trends, saying, “That is four companies I have identified in less than a week just from their SEC filings, on top of many others disclosed over the last few months holding XRP.” His observations confirm a broadening base of corporate participants joining the XRP treasury movement.

This corporate interest in XRP follows the SEC’s decision to conclude its lawsuit against Ripple, which had caused regulatory uncertainty around the digital asset’s status. With the legal cloud lifted, XRP has regained legitimacy among investors and corporate treasurers, opening the door for increased institutional adoption.

Furthermore, Nasdaq-listed VivoPower has taken a unique approach by acquiring Ripple shares directly to bolster its cryptocurrency holdings, showing that corporate strategies around crypto assets vary but continue to evolve rapidly.

As more companies disclose XRP positions in their SEC filings, the trend signals a growing confidence in digital assets as viable components of corporate treasury management. The shift also reflects a broader move toward incorporating crypto to hedge against economic volatility and inflation, strategies increasingly considered prudent by corporate leadership.