Meta Rejects Bitcoin Treasury—Is XRP the Fallback Plan?

Another day, another corporate crypto cold shoulder—Meta just slammed the door on Bitcoin treasury plans. Now the rumor mill’s churning: could Ripple’s XRP be the consolation prize?

Tech giants playing hot potato with crypto assets isn’t new, but this pivot could signal deeper institutional shifts. While Wall Street still treats crypto like a risky Tinder date, XRP’s regulatory clarity might finally make it boardroom material.

Here’s the kicker: if even Meta’s getting cold feet, maybe the real play isn’t which asset they choose—but whether they’ll touch this space at all before the next bull run leaves them behind.

Companies Seize XRP as Hotcake for Treasury Strategies

Meanwhile, several companies have started a trend of adding XRP to their treasury strategies. A move that was first started with Bitcoin. Yesterday, Webus International Limited, a Hangzhou-based corporation, announced that it is planning to buy around $300 million worth of XRP to build its crypto reserves.

According to previous reports, the firm plans to raise the funds with non-equity financing using loans from banks and institutional credit. The company also said it plans to integrate XRP because it’s low-cost and offers performance.

A few days before that, on May 28, VivoPower, a Nasdaq-listed energy company shared that it also raised $121 million in sales it made from private shares to fund its XRP treasury strategy. This sale was reportedly led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud himself who invested $100 million, while the company sold 20 million shares for $6.05 per share.

So, while Meta is still weighing its options, other companies have already jumped on this trend. More companies might look to also add XRP as a treasury asset if the U.S. Securities and Exchange Commission (SEC) approves XRP ETF. As of now, the SEC is still reviewing applications and no decision has been made yet.

Also Read: Uphold and Flare Networks Bring DeFi Staking to XRP Holders