Company Invests $10M in Ripple’s XRP for Expansion of Financial Services

Hyperscale Data Inc.’s subsidiary, Ault Capital Group (ACG), has announced plans to acquire up to $10 million worth of XRP, the cryptocurrency developed by Ripple Labs. The acquisition is expected to be finalized by the end of 2025 and will support ACG’s expansion into the financial services sector. The company currently focuses on lending but aims to explore blockchain-driven solutions such as DeFi, tokenized assets, and real-time payments using XRP’s fast and cost-effective transaction capabilities. This move positions Hyperscale Data for a more significant presence in the financial services industry.