Nasdaq-listed VivoPower International PLC has deepened its digital asset strategy, raising $19 million through an equity offering to accelerate its accumulation of XRP.
In its latest announcement, VivoPower revealed that the equity raise was executed at $6.05 per share, a premium to the company’s most recent closing price. The offering, registered with the U.S. Securities and Exchange Commission (SEC), was accompanied by a final prospectus, giving the raise a clear regulatory footing.
The company noted that the proceeds will be directed toward expanding its XRP treasury holdings, reinforcing earlier moves to embed the token into its financial strategy. This comes shortly after VivoPower’s mining subsidiary, Caret Digital, disclosed plans to scale up operations by acquiring new rigs and converting mined assets directly into XRP. The approach not only helps secure the asset at favorable rates but also aligns with the company’s long-term sustainability and liquidity goals.
Adding to its treasury strategy, VivoPower has also partnered with Doppler Finance to deploy $30 million worth of XRP through treasury yield programs. The venture, which could expand to $200 million, is designed to test institutional-grade tactics for maximizing token efficiency within corporate structures.
XRP Treasury Expansion Gains Momentum
VivoPower is not alone in its push toward XRP treasury adoption. Other companies have also made significant commitments. Thumzup Media, a firm with Trump-linked ventures, recently confirmed that it had authorized new XRP allocations as part of its bid to create one of the largest corporate crypto treasuries in the U.S.
In Asia, Japanese gaming and blockchain company Gumi revealed a 2.5 billion yen ($17 million) purchase of XRP. Working alongside SBI, the investment strengthens Gumi’s presence in digital finance while bolstering the token’s profile in global markets.
Meanwhile, insider activity has sparked additional intrigue. A prominent French finance executive recently purchased 17.5 million XRP worth nearly $49 million, fueling speculation of upcoming developments. Analysts view such moves by well-connected insiders as a strong indicator of growing confidence in XRP’s future as a key liquidity solution.
Corporate Confidence in XRP Rises
Taken together, these developments highlight an emerging pattern: XRP is becoming a central asset in corporate treasury strategies worldwide. VivoPower’s latest $19 million equity raise not only validates this trend but also reflects the token’s increasing role as both a liquidity tool and a financial hedge.
As firms from the U.S. to Asia continue to embrace XRP, momentum around the asset’s institutional adoption appears to be accelerating. For investors and market watchers, this wave of corporate participation suggests XRP’s role in global finance is just beginning to take shape.