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CORRECTION FROM SOURCE: Wellgistics Health Secures $50M ELOC Facility for XRP Treasury Reserve and Real-Time Payments Infrastructure and Other General Ops

1. WGRX is pioneering XRP for real-time payments and treasury reserves. 2. This initiative aims to enhance liquidity and transparency in healthcare.

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Why Bullish?

WGRX's adoption of a cutting-edge blockchain solution may attract investor interest. Historical instances, such as Bitcoin's rise post-acceptance by major firms, support this potential.

How important is it?

The article discusses a significant strategic initiative likely to shape WGRX's market position and investor sentiment positively.

Why Long Term?

If successful, the initiative could position WGRX as an industry leader, impacting its valuation sustainably over time, similar to early adopters of digital currencies.

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The correction is to the headline only TAMPA, FL / ACCESS Newswire / May 8, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX), a technology-first pharmaceutical distribution and healthcare infrastructure company, today announced a new initiative to pioneer the use of XRP, a blockchain-based digital asset, as both a treasury reserve and a real-time payments infrastructure-which management believes, upon successful commercialization, would make Wellgistics among the first publicly traded healthcare companies to deploy XRP in this manner. This XRP payment initiative is supported by Wellgistics Health's $50 million Equity Line of Credit (ELOC), the proceeds of which may be utilized to further develop and unlock programmable liquidity and on-demand financial infrastructure designed to eliminate banking delays, reduce cost, and increase transparency across its national healthcare network.

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