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🚨BREAKING: The head of research at Uphold predicts that hundreds of cryptocurrency projects will fail within the next six months. Ripple is well positioned to lead the market! #XRP

Reitar Logtech Holdings Ltd. has announced plans for a landmark $1.5 billion bitcoin BTC acquisition through a treasury diversification initiative aimed at enhancing its financial resilience and fueling logistics tech expansion. Through this “BTC Program,” Reitar seeks to acquire up to 15,000 BTC from a consortium of institutional and high-net-worth investors in exchange for company shares, based on average BTC and stock market prices. The initiative is designed to strengthen Reitar’s balance sheet and provide flexibility for acquisitions and digital infrastructure investment, especially across high-growth Asian markets. Management believes this strategy will help reduce exposure to traditional asset risks while supporting the company’s long-term vision for global logistics innovation. Chairman and CEO Dale Shen emphasized that integrating digital assets into Reitar’s financial strategy represents a bold step toward a more robust and adaptive corporate treasury, enabling accelerated technological progress and future-proofing Reitar’s global operations. VivoPower Partners with BitGo for $100 Million XRP Treasury Strategy VivoPower International PLC has formed a strategic partnership with BitGo to support its newly launched $100 million XRP acquisition plan as part of a broader digital asset treasury strategy. The company will utilize BitGo’s 24/7 OTC trading desk and industry-leading custody platform to purchase and store XRP tokens securely. This move follows VivoPower’s $121 million capital raise and its announced pivot toward decentralized finance solutions. Executive Chairman and CEO Kevin Chin highlighted BitGo’s institutional-grade infrastructure as critical to executing and safeguarding the company’s digital asset holdings. BitGo’s CEO Mike Belshe praised VivoPower’s entry into the space as a sign of growing institutional interest in crypto. The collaboration underscores BitGo’s growing role as both a trusted custodian and a premier liquidity partner for large-scale digital asset transactions. VivoPower has also filed a registration statement with the SEC for a public offering, reinforcing its commitment to transparency and compliance in its digital asset strategy.

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PANews reported on June 2 that Webus, a customized ride-hailing service platform, announced the signing of an XRP funding agreement with SamaraAlpha, which established Samara Alpha as the exclusive digital asset trustee of Webus, with an authorized management limit of up to $300 million.