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.