/
VivoPower (VVPR) Details $121M XRP Treasury With Saudi Royal Backing
May 29, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Share:
Predictions Markets
See what traders are focused on
- Nasdaq’s VivoPower (VVPR) announces $121M fundraise to establish an XRP digital treasury.
- Saudi Prince Abdulaziz bin Turki Al Saud is a key backer, committing $100M to this XRP plan.
- VivoPower aims to be first public XRP-centric treasury, driving XRP adoption & XRP Ledger DeFi.
The XRP ecosystem could be in for a significant boost in adoption, as Nasdaq-listed energy firm VivoPower (VVPR) has announced an ongoing fundraising effort to build an XRP digital treasury.
The company is targeting $121 million for this venture, which is aimed at raising XRP adoption. According to a recent announcement, a substantial portion of this funding, $100 million, is slated to come from Saudi Prince Abdulaziz bin Turki Al Saud.
VivoPower Details $121M XRP Treasury Goal, With Major Backing from Saudi Prince Abdulaziz
Under the plan, Vi…
The post VivoPower (VVPR) Details $121M XRP Treasury With Saudi Royal Backing appeared first on Coin Edition.
Read More
XRP’s June Gamble Begins at a Decade-Long Support Line
XRP is trading close to a key technical level as the market watches its price perform...
Jun 3, 2026
< 1 min read
by CoinEdition
What Does The Kalshi Perpetual Futures Proposal Mean for XRP?
Leading prediction platform Kalshi announced the launch of perpetual futures contract...
Jun 2, 2026
< 1 min read
by CoinEdition