VivoPower raises US$121 million to launch the world’s first corporate treasury model anchored on XRP cryptocurrency.
Strategic investment led by Saudi Prince aims to accelerate blockchain innovation and strengthen VivoPower’s XRP-focused initiatives.
Funds will support DeFi development on the XRP Ledger, repay debt, and spin off non-core business units.
VivoPower plans to establish a digital asset treasury anchored on XRP, develop a DeFi team focused on the XRP Ledger, pay off existing debt, and spin off non-core units.