<ul><li>Nasdaq-listed VivoPower International PLC secures a $121 million private placement to fund the world’s first publicly traded XRP-centric corporate treasury led by Prince Abdulaziz.</li><li>Investors purchase 20 million new ordinary shares at $6.05, with Prince Abdulaziz's Eleventh Holding Company committing around $100 million to the round.</li><li>The initiative aims to accumulate XRP, seed decentralized-finance projects on the XRP Ledger, pay off debts, and provide working capital for spin-offs of Tembo and Caret Digital.</li><li>The move is seen as a transformative step reflecting growing institutional interest in blockchain applications, with shareholder vote for the raise scheduled for 18 June 2025.</li></ul>

Saudi Prince Backs First XRP Treasury Company With $100 Million War Chest

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