VivoPower International has confirmed the deployment of $100 million in XRP to Flare's blockchain ecosystem. The Nasdaq-listed firm intends to earn
VivoPower International, a Nasdaq-listed company, has confirmed the deployment of $100 million in XRP to Flare’s blockchain ecosystem. The firm intends to earn yield through Flare-native protocols like Firelight and use the profits to buy more XRP.
The deployment will use Flare FAssets protocol to allow XRP to participate in smart contract ecosystems. The move is part of VivoPower shift to asset productivity and treasury innovation. This makes the company the first publicly listed company to implement a treasury framework based on XRP.
NASDAQ-listed @Vivo_Power is deploying $100M in XRP on @FlareNetworks
Ripple & XRP Ledger built the enterprise-grade foundation, Flare now adds the DeFi layer: FAssets, Firelight & compliant yield.
Earn yield → More XRP treasury → Redeploy
Institutional XRP hits DeFi #XRPFi pic.twitter.comતીરીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીીી
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