Nasdaq’s VivoPower Bets Big on XRP with $30 Million Yield Strategy

VivoPower, a Nasdaq-listed company, has entered the XRP finance industry with a $30 million treasury investment

Quick overview

  • VivoPower has made a $30 million treasury investment in the XRP finance industry through Doppler Finance, marking the first phase of a $200 million fund allocation plan.
  • This investment positions VivoPower as one of the first publicly traded companies to adopt an institutional framework for earning returns on XRP reserves.
  • Doppler Finance will focus on qualified custody, segregated accounts, and real-time Proof-of-Reserves to ensure consistent risk management in XRP-based finance.
  • VivoPower's CEO highlighted the strategic importance of South Korea, which holds about 20% of the world's XRP supply, as part of their initiative.

VivoPower, a Nasdaq-listed company, has entered the XRP finance industry with a $30 million treasury investment through Doppler Finance.

This marks the first phase of a larger $200 million fund allocation plan. This move makes the energy solutions firm one of the first publicly traded companies to adopt an institutional framework for earning returns on XRP reserves.

Doppler emphasized that the program will focus on qualified custody, segregated accounts, and real-time POR to establish consistent risk management in XRP-based finance when it announced the partnership on September 2.

The company intends to deploy $30 million initially as part of a broader $200 million total allocation.

Its approach is distinctive amid its institutional-grade architecture, qualified custody, segregated accounts, and Proof-of-Reserves verification

VivoPower’s CEO and executive chairman, Kevin Chin, stated that the company views XRP as a “cornerstone treasury asset” and highlighted the strategic importance of South Korea, which is estimated to hold about 20% of the world’s XRP supply. Doppler, a key player in South Korea’s market, will provide the programmable infrastructure for this initiative.

The Ripple ecosystem is currently gaining traction at the time of this development. While industry participants debate the possibility of a spot-based exchange-traded fund, Gemini recently introduced a credit card with XRP rewards.

Additionally, according to data from RWA, the market valuation of the XRP Ledger has grown significantly, from roughly $130 million in June to $320 million by late August. This growth is especially noticeable in the real-world asset (RWA) tokenization sector.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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