- Hyperscale Data's subsidiary Ault Capital Group (ACG) plans to launch an XRP-based lending platform in Q3 2025.
- The platform will serve companies listed on NYSE, NYSE American, and NASDAQ with loans secured by assets or convertible into stock.
- ACG aims to acquire up to $10 million in XRP and hedge market risks through CME XRP futures contracts.
Hyperscale Data Inc. (GPUS, Financial) has announced that its subsidiary, Ault Capital Group (ACG), is preparing to launch an XRP lending platform aimed at public companies in the third quarter of 2025. The platform targets firms listed on the NYSE, NYSE American, and NASDAQ, offering XRP-denominated loans that are either secured by company assets or convertible into common stock.
To ensure efficient operations, the beta platform will utilize the XRP Ledger, enabling fast and cost-effective transactions. As part of its strategy, ACG plans to purchase up to $10 million worth of XRP to support the platform’s liquidity needs.
To mitigate market risks associated with volatile XRP prices, ACG will use XRP futures contracts traded on the Chicago Mercantile Exchange. This approach helps manage exposure and aligns with ACG’s broader objective to integrate blockchain technology into real-world asset tokenization and offer innovative financing solutions.
This endeavor, marking ACG's initial foray into decentralized finance (DeFi), is part of a wider strategy to bring institutional-grade solutions to the crypto-lending space while anticipating regulatory developments that could impact its future operations.