[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![Belisarius2020 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1099693976.png) bill morgan [@Belisarius2020](/creator/twitter/Belisarius2020) on x 24.9K followers
Created: 2025-07-25 03:03:32 UTC

What I have gathered from reading the S-1 form filed with the SEC today by Wellgistics Health is incredibly revealing. It is more than just a company using XRP in its treasury reserve. 

This is a summary of what the filing revealed:

X. WH is not only planning to hold XRP as a treasury reserve.

X. It plans to implement a payment solution leveraging the XRPL to facilitate low cost real time payments between WH, its pharmacy customers and its manufacturer and  vendor partners. This is real business utility for the XRPL.

X. WH also intends to issue equity or debt securities or other capital raisings to use the proceeds to purchase more XRP 

X. WH also intends to use its XRP holdings as collateral for capital raising transactions.

X. There is also a reference to WH using its XRP holdings to create income streams.

In short using XRP as a reserve asset, to earn income, to use it as collateral and use it for payments all in one.  XRP will be working hard for WH.

But they say XRP has no utility.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948579845929402450/c:line.svg)

**Related Topics**
[sec](/topic/sec)

[Post Link](https://x.com/Belisarius2020/status/1948579845929402450)