Years ago, when John E Deaton, a well-known defender of cryptography and a legal voice in the XRP community, predicted that the funds negotiated in exchange (ETF) and the cryptocurrency treasury bills would extend beyond Bitcoin, many laughed! But today, these predictions become reality and quickly.
Now, again, Deaton says that the greed of Wall Street could make XRP, ETH and Sol the next big assets of the Treasury.
Deaton’s “theory of greed” takes place
Get rid of had a simple theory: Wall Street is too greedy to sit down and let only a few players enjoy the crypto. Earlier, Deaton said Wall Street would never let Michael Saylor be the only one to use Bitcoin as a cash strategy.
According to Deaton, there are now between 60 and 100 companies that have implemented a Bitcoin cash strategy.
He thought that the same would happen with other tokens too, once the Bitcoin treasure strategy worked, others wanted – and not only with Bitcoin. Meanwhile, companies are now adding ETH, XRP and Sol to their corporate balance sheets to gain an advantage.
Who holds XRP as an asset of the treasure?
Deaton stresses that at least five companies have already been Betting on XRP treasure strategy::
- Vivopower International has lifted $ 121 million For an XRP treasure plan of $ 100 million, with solid support from Saudi investors and advice from a former SBI Ripple Asia executive.
- Worksport Ltd., An American automotive parts company has set aside $ 5 million – or 10% of its spare species – for XRP and Bitcoin.
- Hyperscal Data Inc. plans to launch an XRP loan platform by the end of 2025, listing XRP directly on its accounts.
- Webus International LimitedA Chinese company has teamed up with Samara Alpha Management to manage an XRP treasure of $ 300 million for cross -border payments.
- Wellistes Health, Inc. Use XRP in its treasure to speed up payments in health care and avoid bank delays.
It’s not just XRP – ETH and soil too
Deaton stressed that at least two companies now hold ETH as a cash strategy, notably Fundstrat and Sharplink Gaming, which has an ethpm of $ 425 million supported by the Consensys, the co-founder of Ethereum, the company of Joseph Lubin.
For Solana, the list also increases:
- Upexi has raised $ 100 million for a Solana treasure.
- DEFI DEVELOPMENT CORP has seen its shares increase by 3,000% after announcing soil purchases.
- Sol strategies has been launched as a Solana cash company, obtaining the support of large companies like Cantor Fitzgerald.
- An unnamed Edtech company also plans to remove $ 500 million to hold soil.
Wall Street’s hunger for profit
Meanwhile, Deaton said that it was not only a question of XRP, Ethereum or Solana – it was a question of understanding human behavior, the hunger for yields and the inevitability of the adoption of cryptography in the financing of companies.
As Deaton says, his predictions did not relate to specific cryptocurrencies, but on the way people – and especially Wall Street – do not respond when they feel the opportunity.