TLDR
- VivoPower raised $121M to build an XRP-focused treasury.
- Saudi royalty and Ripple insiders backed the strategic shift.
- VVPR stock jumped 26% before settling near $6.74.
- Funds will fuel XRP buys, DeFi tools, and debt reduction.
- Tembo and Caret Digital spin-offs expected by Q3 2025.
VivoPower International PLC (VVPR) surged over 12% after announcing a $121 million private placement to fund its XRP-focused strategy. The stock jumped midday, briefly crossing $7.50, then stabilized near $6.79 by the afternoon. This sharp rise followed a strategic investment led by Saudi royalty and key blockchain figures.
VivoPower International PLC (VVPR)
XRP Treasury Model Gains Institutional Backing
VivoPower secured $121 million through a private capital raise priced at $6.05 per share, exceeding the last closing price. Prince Abdulaziz bin Turki Abdulaziz Al Saud and other digital asset investors led the investment round. This funding will support a new XRP-centric digital treasury and ecosystem participation.
JUST IN: 🇺🇸 VivoPower (VVPR) announces XRP treasury strategy and $121 million private placement priced at $6.05 per share. pic.twitter.com/qA41PDo74m
— Whale Insider (@WhaleInsider) May 28, 2025
The company aims to establish itself as the first publicly traded firm with a treasury strategy centered on XRP. It plans to accumulate XRP as a core asset, reinforcing confidence in the token’s utility and long-term relevance. The initiative follows similar crypto strategies popularized by firms like MicroStrategy, although focused primarily on Bitcoin.
VivoPower intends to invest in real-world blockchain solutions using the XRP Ledger. The plan includes developing decentralized finance tools and enhancing cross-border payment systems for its subsidiaries. The move aligns with emerging institutional interest in blockchain for enterprise use cases.
Strategic Leadership and Global Participation
The raise saw participation from global blockchain leaders, including Adam Traidman, former Ripple board member and CEO of SBI Ripple Asia. Traidman joined VivoPower as Chairman of the Board of Advisors to guide its XRP and DeFi direction. His experience with the XRP Ledger adds depth to the company’s strategic execution.
VivoPower’s Executive Chairman, Kevin Chin, emphasized the firm’s long-term commitment to digital finance. He confirmed that the team would use the new capital to expand infrastructure and talent for the XRPL ecosystem. This shift positions the company to contribute significantly to XRP-based decentralized finance.
Investor confidence surged after confirmation of high-profile support and clear operational objectives. The company stated that its digital asset strategy will complement existing businesses and future spin-offs. These include Tembo, its electric vehicle unit, and Caret Digital, which is focused on power-to-X asset mining.
Stock Movement and Future Roadmap
VVPR shares spiked as much as 26% following the announcement, before consolidating near $6.74 later in the day. Analysts noted heightened trading volumes and increased market attention around the new treasury strategy. The positive movement reflects investor optimism in the firm’s shift toward blockchain-based finance.
The funds will be used for XRP acquisition, treasury expansion, and reducing outstanding debt obligations. Additionally, the capital will help VivoPower spin off non-core subsidiaries, with Tembo and Caret Digital exits expected by Q3 2025. This realignment aims to sharpen the company’s focus on blockchain-driven financial solutions.
The company also continues its due diligence with Energi Holdings regarding a potential takeover of Tembo. Chardan acted as the sole placement agent in the transaction. The offering will close pending shareholder approval, scheduled for mid-June 2025.
