XRP Lending Goes Institutional—New Platform Targets US Public Companies

CN
1 day ago

Hyperscale Data Inc. (NYSE American: GPUS) disclosed on May 29 that its subsidiary, Ault Capital Group Inc. (ACG), will roll out an enterprise XRP lending platform in the third quarter of 2025. This new initiative marks ACG’s first step into decentralized finance (DeFi) and is aimed specifically at U.S. public companies. The beta platform will cater to firms listed on the New York Stock Exchange, NYSE American, and all tiers of the Nasdaq Stock Market.

ACG intends to structure the loans through one-on-one negotiations with applicants. The company detailed:

Eligible applicants will be able to apply to borrow up to a fixed amount of XRP … on terms and conditions negotiated between the applicant and ACG.

Once finalized, the details of each loan will be posted on-chain and are expected to be secured by assets or convertible into registered shares. The firm said it plans to manage price volatility risks by utilizing XRP futures on the Chicago Mercantile Exchange. To support liquidity, ACG has announced plans to purchase up to $10 million worth of XRP. “The Platform will leverage the XRP Ledger to facilitate fast, low cost, and secure lending, backed by ACG’s recently announced initiative to acquire up to $10 million of XRP,” the company stated.

Milton “Todd” Ault, III, executive chairman of Hyperscale Data, described the project as part of a broader strategy to merge blockchain with traditional finance. He emphasized:

With the host of enterprise features offered by XRP and the XRP Ledger, institutional borrowers and lenders now have access to integrated hedging and risk management tools as part of their operations.

ACG’s longer-term vision includes tokenizing real-world assets, facilitating alternative corporate financing, and enabling blockchain-based cross-border payments. Hyperscale Data still expects to divest ACG by the end of 2025, shifting its own focus to data center and bitcoin mining services.

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