u.today
Data center operator Hyperscale Data has announced plans to purchase up to $10 million worth of $XRP in preparation for the launch of its new blockchain-based lending platform in the third quarter of 2025. Led by its subsidiary, Ault Capital Group (ACG), it is a focused step into decentralized finance with an eye on serving U.S. public companies.
As the core asset for a new enterprise lending system, $XRP will be used exclusively for companies listed on the NYSE, NYSE American and NASDAQ. Initially in beta, the platform will allow eligible firms to borrow $XRP on negotiated terms, backed by collateral or convertible into registered equity.
What about volatility?
As a hedge against crypto volatility, ACG plans to use $XRP futures on the Chicago Mercantile Exchange. Additionally, the platform will be built on the $XRP Ledger, which was chosen for its speed and low cost.
However, the $XRP acquisition and platform rollout depend on market and regulatory conditions, which Hyperscale acknowledged could affect the timing or scale of the project.
Despite this uncertainty, the company's $10 million investment in $XRP positions it among the first to bring tokenized finance to the public equity space in a structured, institutional way.