VivoPower Invests $100 Million in XRP for Yield Generation and Stablecoin Integration

Nasdaq-listed VivoPower International has announced a major shift in its digital asset strategy, committing $100 million in XRP tokens to Flare’s blockchain. This initiative signifies the first institutional deployment of Flare’s FAssets system, designed for non-smart contract token participation in decentralized finance (DeFi) applications. VivoPower intends to leverage Flare-native services like Firelight to generate yield on its XRP holdings and reinvest these returns, thereby further expanding its position.