Institutional Backing Boosts Vivopower’s $19 Million XRP Treasury Expansion
Vivopower International (Nasdaq: VVPR) has raised $19 million through an additional common stock offering priced at $6.05 per share. The placement was made with long-term U.S. and global institutional investors, underscoring strong support for the company’s XRP treasury strategy.
The new capital will be deployed to expand Vivopower’s XRP holdings, scale its treasury operations, and help retire existing debt. The raise follows a previously announced Regulation S offering backed by His Royal Highness Prince Abdulaziz bin Turki bin Talal.
VivoPower is repositioning itself as an XRP treasury company, a notable transformation for the sustainability-focused enterprise. Its strategy focuses on the acquisition, management, and long-term holding of XRP. It also intends to support the XRP Ledger (XRPL), contribute to the development of defi infrastructure, and real-world blockchain applications.
By securing institutional capital at a premium valuation, Vivopower signals that its bet on XRP is resonating with investors looking for exposure to digital assets through publicly listed companies.
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