{"id":31292,"date":"2025-06-11T10:46:54","date_gmt":"2025-06-11T10:46:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31292"},"modified":"2025-06-11T10:46:54","modified_gmt":"2025-06-11T10:46:54","slug":"vivopower-to-deploy-100m-in-xrp-on-flare-add-ripple-usd-for-treasury-operations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31292","title":{"rendered":"VivoPower to Deploy $100M in XRP on Flare, Add Ripple USD for Treasury Operations"},"content":{"rendered":"
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VivoPower International (VVPW), the Nasdaq-listed company transitioning into a digital asset treasury play, has plans to put $100 million worth of XRP XRP tokens to work.<\/p>\n

The firm announced Wednesday it has partnered with layer-1 blockchain Flare FLR to deploy $100 million XRP to generate yield on its treasury holdings. <\/p>\n

The initiative marks the first large-scale use of Flare\u2019s FAssets system, which enables non-smart contract tokens like XRP to interact with decentralized finance (DeFi) protocols, the press release said.<\/p>\n

VivoPower plans to generate yield through Flare-native protocols such as Firelight and reinvest the income to expand its XRP holdings. The company said it will also adopt payment firm Ripple’s RLUSD stablecoin as its cash-equivalent reserve.<\/p>\n

“It\u2019s no longer enough to simply hold XRP; the duty to our shareholders is to make it productive,” CEO and executive chairman Kevin Chin said in a statement. “Adopting Ripple\u2019s RLUSD is a cornerstone of this strategy, providing the stability and compliance this next-generation treasury demands.”<\/p>\n

For Flare, the deal is a milestone of institutional validation, Flare co-founder Hugo Philion pointed out. “Our FAssets system […] is more than just a bridge; it\u2019s a gateway that allows institutions to bring assets like XRP into programmable DeFi environments to generate yield, all while retaining their fundamental security,” he said.<\/p>\n

VivoPower is part of the growing roster of public firms raising money to purchase and add digital assets to their treasuries, a playbook popularized by Michael Saylor’s Strategy (MSTR) that has become the largest corporate holder of bitcoin BTC.<\/p>\n

The firm’s latest move comes shortly after tapping BitGo’s over-the-counter trading desk for acquiring an initial $100 million trench of XRP tokens.<\/p>\n

VivoPower last month said that it entered into an agreement for a $121 million private share placement, with the fundraising led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, chairman of Eleventh Holding Company, according to a SEC filing<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

VivoPower International (VVPW), the Nasdaq-listed company transitioning into a digital asset treasury play, has plans to put $100 million worth of XRP XRP tokens to work. The firm announced Wednesday it has partnered with layer-1 blockchain Flare FLR to deploy $100 million XRP to generate yield on its treasury holdings. The initiative marks the first […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31292","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31292"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31292\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}