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Laban Roomes Propels XRP Healthcare to Canada's TSX in Bold African Expansion
The cryptocurrency-meets-healthcare story took a major turn when a former footballer and his entrepreneur father brought their ambitious medical venture to public markets. In May 2025, Kain Roomes and his father Laban Roomes completed a pivotal step by bringing XRP Healthcare to Canada’s TSX Venture Exchange. The path to this listing began with a letter of intent signed on May 14, followed by the formal announcement on May 17 with AAJ Capital 3 Corp. What sets this story apart isn’t just the public listing—it’s the vision behind it: using blockchain technology, artificial intelligence, and grassroots community work to revolutionize healthcare access across Africa.
The Mission: From Personal Success to Continental Impact
Laban Roomes and his son recognized an urgent gap in global healthcare access. While Western consumers take reliable pharmacies and dependable medication supplies for granted, the reality in parts of Uganda is starkly different. “In the West, we take reliable pharmacies and access to medication for granted,” Laban Roomes explained. “In parts of Uganda, that just isn’t the case. This is about changing that and starting on the ground, not in the metaverse.”
The Dubai-based company operates a digital health platform and has already begun establishing a network of pharmacies in Uganda—the epicenter of their initial expansion. This ground-level approach reflects Laban Roomes’ philosophy: real-world solutions to real-world problems. His track record speaks for itself. Before diving into healthcare, Laban built Goldgenie, a luxury gold-plating company that gained recognition through BBC’s Dragons’ Den program. That entrepreneurial pedigree now guides XRP Healthcare’s strategic development.
From Seven Locations to a Unified System
The pharmacy acquisition strategy demonstrates methodical growth. The team has already secured seven pharmacy locations across Uganda, each one targeted for modernization and integration into a connected ecosystem. Kain Roomes shared the strategy: their goal is to make medicine more affordable while creating one unified system across the country. “We’re scaling slowly and building trust instead,” Laban emphasized, rejecting the typical startup playbook of explosive growth in favor of sustainable community relationships.
The fragmented Ugandan pharmacy market presented both challenge and opportunity. Rather than rushing expansion, Laban Roomes and Kain focused on proving their model works within Uganda before spreading to Rwanda, Kenya, and beyond. This patient approach to scaling mirrors Laban’s experience building businesses that last.
XRP Ledger Powers Supply Chain Transparency
At the technical core sits the XRP Ledger, deployed to track drug supply chains and patient outcomes with precision. The company leverages blockchain’s immutable record-keeping to combat counterfeit medications and ensure medicine authenticity—a critical issue in underserved markets. Additionally, XRP Healthcare developed a cryptocurrency wallet enabling users to manage digital tokens while accessing U.S. prescription discounts. The next phase includes launching an AI-powered health app offering personalized wellness tips and pharmacy deals integrated directly into their ecosystem.
Going Public: Capital for Responsible Growth
The listing valued XRP Healthcare at 16 million Canadian dollars, approximately $11.5 million USD. For Kain, taking the company public wasn’t about personal enrichment but about securing the infrastructure for disciplined expansion. “We want transparency, regulation, and the capital to grow responsibly,” he stated. “But this isn’t about a windfall. It’s about making sure the model works in Uganda, and eventually across Africa.”
This philosophy reflects his personal journey into cryptocurrency. Back in 2018, Kain converted a Rolex watch into Bitcoin—selling the watch for £7,000 and purchasing the cryptocurrency at that price. The investment appreciated to £100,000, helping him recover from debt and sparking his deeper interest in blockchain technology. His career also included football stints with QPR, Tottenham, and Arsenal youth academies, followed by modeling contracts with Nike and Adidas. Yet his greatest impact now lies in healthcare, not entertainment.
Laban Roomes’ Blueprint for Scaling Impact
Despite a challenging token launch that didn’t go as planned, XRP Healthcare mobilized $380,000 in funding and charted an aggressive continental roadmap. Laban Roomes’ combination of luxury business experience and startup mentality proved instrumental in navigating these obstacles. His role models strategic thinking rather than reactive decision-making—each pharmacy acquisition, each technology integration, and each market entry reflects calculated expansion.
The father-son team recognized that healthcare, unlike many sectors, offers genuine potential for impact. By combining Laban’s entrepreneurial wisdom with Kain’s crypto-native perspective and modern healthcare understanding, they’ve built something that transcends typical startup hype. XRP Healthcare represents the intersection of technology, community service, and sustainable business growth—exactly the kind of real-world adoption that blockchain advocates have long championed.