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VivoPower Nets $121M, Led by Saudi Prince, to Pioneer First XRP Treasury Model

  • 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.

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