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EV Battery Firm to Launch $121M XRP Treasury

  • VivoPower International PLC to launch a $121 million XRP treasury, following a private capital raise.
  • The round was led by His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud and institutional digital asset investors.
  • VivoPower’s strategy focuses on XRP as a core treasury asset and contributing to XRP Ledger ecosystem development.
  • This move puts VivoPower at the forefront as the first publicly traded firm to adopt such a strategy, aligning with XRP's expected inclusion in notable financial initiatives.

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