VivoPower Secures $121M to Launch XRP-Focused Treasury and Boost XRPL Ecosystem

VivoPower has secured a significant $121 million in private placement funding to launch an XRP-focused treasury strategy. The company’s move will support decentralized finance initiatives within the XRPL ecosystem, enabling new applications and expanding its influence. This marks VivoPower as the first Nasdaq-listed firm to adopt this model, signifying a significant shift in their approach.