Nasdaq-listed company Worksport plans to add Bitcoin and XRP to its treasury assets, spending up to $5 million or 10% of its cash reserves on the cryptocurrencies. The company will also accept crypto payments on its e-commerce platform, reducing processing fees by up to 37%. Worksport CEO Steven Rossi, a long-time XRP investor, believes that XRP is becoming a more stabilized currency and asset, and expects it to provide investment value. The company reported strong financial performance in the third quarter, with revenue increasing by 581% compared to the same period last year.
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