VivoPower International’s Pioneering Investment in XRP: A New Era in Corporate Treasury
VivoPower International PLC, a company listed on Nasdaq, has made a groundbreaking move by securing $121 million through a Regulation S private placement. This strategic investment is set to fund what they claim to be the world’s first publicly traded corporate treasury centered around XRP. This initiative is championed by His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud, with the Eleventh Holding Company contributing approximately $100 million to this financial round.
VivoPower’s Strategic Focus on XRP
Advertisement Banner
Investors have acquired 20 million new ordinary shares at a price of $6.05 each, slightly above the previous market close. VivoPower immediately benefits from this capital injection, which Executive Chairman Kevin Chin describes as “transformational.” The prince’s significant contribution marks the largest disclosed investment aimed at establishing an XRP reserve, propelling the London-based sustainable energy company into a historic position as a pioneer in deploying an XRP-focused treasury and decentralized finance (DeFi) strategy.
Prince Abdulaziz’s Vision for Digital Assets
Prince Abdulaziz, an early adopter and proponent of digital assets, expressed enthusiasm for the venture. “We have invested in the digital-asset sector for a decade and have long supported XRP,” he noted. Following discussions with President Trump and his team during their visit to Saudi Arabia, he sees this as a pivotal moment for integrating digital assets and blockchain technology into the Kingdom’s financial landscape. Prince Abdulaziz is excited to support VivoPower in this innovative endeavor.
Scaling New Heights with XRP
Kevin Chin highlighted the transformative potential this funding brings to VivoPower, enabling them to scale their XRP-focused treasury operations. This strategic move is expected to benefit both the community and VivoPower stakeholders, potentially facilitating ledger-based payment solutions that will reduce cross-border transaction complexities for their electric vehicle and power-to-X subsidiaries, Tembo and Caret Digital.
Expert Insights and Future Plans
Adam Traidman, a former Ripple board member and co-founder of SBI Ripple Asia, has joined VivoPower’s advisory board and personally invested in the placement. Traidman views the initiative as a forward-thinking move that signifies increasing institutional confidence in practical blockchain applications.
Utilization of Funds and Strategic Outlook
The company plans to allocate a significant portion of the proceeds to acquire more XRP tokens and invest in decentralized finance projects on the XRP Ledger. Additional funds will be used to reduce debt and provide working capital, in preparation for the anticipated spin-offs of Tembo and Caret Digital, aimed for completion by the end of the third quarter. The placement’s closure awaits a shareholder vote scheduled for June 18, 2025, alongside other standard conditions.
VivoPower and the Strategic Digital Asset Initiative
VivoPower has referenced language from the March executive order by the White House, which established a Strategic Bitcoin Reserve and US Digital Asset Stockpile. They assert that XRP is anticipated to be among the five digital assets accumulated by the US Government as part of President Donald Trump’s initiative.
Market Reactions and Potential Impact
The announcement has sparked significant reactions across social media platforms. Analyst @nietzbux described the deal as one of the most bullish events in XRP’s history, comparing VivoPower to a “MicroStrategy for XRP.” Influential commentator @AbsGMCrypto highlighted the significance of the prince’s timing, especially after his meeting with President Trump, calling it “massive news.”
If shareholders approve the funding next month, VivoPower will hold a substantial amount of XRP, providing a real-time test of whether a single-token corporate treasury can replicate—and possibly expand—the strategies that reshaped Bitcoin’s relationship with publicly traded companies.
At the time of reporting, XRP was trading at $2.28.
Commitment to Editorial Integrity
Our Editorial Process is dedicated to delivering meticulously researched, accurate, and unbiased content. We adhere to stringent sourcing standards, and each article undergoes a thorough review by our team of top technology experts and experienced editors. This rigorous process ensures the integrity, relevance, and value of our content for our readers.
