ViVoPower to Deploy $100 Million in XRP on Flare, Price Breakout Soon?

On Jun 11, 2025 at 2:39 pm UTC by · 4 mins read

VivoPower is set to invest $100 million in XRP, taking advantage of Flare FAsset system, just after it launched its XRP Treasury strategy.

Following the launch of its XRP Treasury strategy, Nasdaq-listed VivoPower International has announced the deployment of $100 million worth of XRP XRP $2.14 24h volatility: 2.0% Market cap: $125.93 B Vol. 24h: $4.01 B on Flare Network.

This holding is expected to earn yield and stack more XRP. It also marks a major investment in the XRP ecosystem.

Flare Recognizes Institutional Validation With VivoPower Deal

According to an announcement made on June 11, VivoPower has partnered with Layer-1 blockchain Flare to deploy this $100 million XRP holding.

Interestingly, this is the first large-scale utilization of Flare’s FAssets system, which facilitates the interaction between non-smart contract assets like XRP and Decentralized Finance (DeFi) protocols.

Flare recognizes VivoPower’s recent action as a milestone that highlights institutional validation of the network. Flare co-founder Hugo Philion described the FAssets system as more than a bridge.

Instead, he termed it a gateway that allows institutions to bring assets like XRP into programmable DeFi environments to generate yield.

Philion noted that the FAssets system achieves this milestone without compromising its security.

VivoPower is largely focused on generating yield by leveraging Flare-native protocols like Firelight. The potential income from the transactions will be reinvested to expand its XRP holdings.

It also intends to adopt RLUSD, the United States dollar-pegged stablecoin issued by blockchain payments firm Ripple Labs, as its cash-equivalent reserve.

Kevin Chin, VivoPower CEO and Executive Chairman, emphasized a growing need for XRP holders to make their assets more productive, rather than simply HODLing.

“Adopting Ripple’s RLUSD is a cornerstone of this strategy, providing the stability and compliance this next-generation treasury demands,” Chin added.

VivoPower Raised $121 Million to Achieve XRP Treasury Strategy Plan

Only about two weeks have passed since VivoPower International launched the world’s first XRP-based crypto asset treasury strategy among publicly listed companies. This was after it secured $121 million in the private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia.

Most of the funds went towards the acquisition of XRP and the establishment of a digital asset treasury. Amongst its other plans is the launch of a new DeFi team.

Amidst this exciting news of an XRP treasury strategy launch, the coin did not see wide swings in terms of price performance. At the moment, the coin traded at $2.28, reflecting some price dip.

However, with VivoPower’s investment of $100 million, XRP has recorded a slight price gain, signaling a potential price rebound.

At press time, it traded at $2.30 after gaining 2.38% over the last 24 hours. The coin may be able to sustain the price gain, especially with the attention that the XRP ecosystem is gaining in recent times.

As reported earlier, the Ondo Finance Short-Term US Government Treasuries (OUSG) recently went live on the XRP Ledger (XRPL).

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