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Cryptocurrency News Articles
Vivopower (Nasdaq: VVPR) Unleashes a $100 million XRP Deployment via Flare, Revolutionizing DeFi-based Treasury Management
Jun 12, 2025 at 10:35 am
Vivopower (Nasdaq: VVPR), a publicly traded company transitioning into an XRP-focused digital asset enterprise, announced on June 10 a definitive strategic
Nasdaq-listed firm Vivopower is deploying $100 million of its XRP holdings via Flare in a move that could revolutionize DeFi-based treasury management and spark a new era of institutional crypto finance dominance.
This initiative marks the public integration of Vivopower's new digital asset strategy, pivoting the company from its prior energy technology focus. The company is aiming to maximize the utility of its XRP portfolio, unlocking liquidity and generating persistent yield.
"This partnership with Flare is a pivotal moment in Vivopower's journey," said Kevin Chin, Executive Chairman and CEO of Vivopower. "We are constantly seeking ways to enhance value for our shareholders. As we transition our treasury toward an XRP-focused model, the goal is to make the asset productive while adhering to the highest standards of corporate governance and shareholder value creation. It's no longer enough to simply hold XRP; the duty to our shareholders is to make it work for them."
To facilitate this initiative, Vivopower will leverage Flare's FAssets system. This system enables a seamless connection between XRP and leading DeFi protocols, providing a secure and programmable environment for institutional-grade treasury management.
"At Flare, we are dedicated to bridging the gap between blockchain ecosystems and institutions," said Hugo Philion, co-founder of Flare. "Our FAssets system is a direct application of that core technology. It is more than just a bridge; it’s a gateway that allows institutions to bring assets like XRP into programmable DeFi environments to generate yield, all while retaining their fundamental security."
The partnership will see the integration of Flare's flagship Firelight protocol, which offers a unique and efficient method for generating yield on liquid assets like XRP. This will be combined with Vivopower's strategy of holding RLUSD, Ripple's upcoming stablecoin, as its primary reserve asset. This approach ensures regulatory compliance and contributes to the stability of the broader crypto ecosystem.
The initiative is being undertaken with the support of a consortium of international shareholders, including Prince Abdulaziz bin Turki bin Talal Al Saud, and the operational guidance of former Ripple executives from Asia, who have been instrumental in facilitating key partnerships and regulatory engagement.
With a shared vision for the future of institutional crypto finance, the partnership between Vivopower and Flare signals a significant shift in the industry. This move positions XRP as a central asset in institutional finance and could encourage broader adoption of DeFi-based treasury management models among publicly traded entities.
This partnership marks a new chapter in the integration of blockchain technology into mainstream finance, paving the way for a more efficient, transparent, and decentralized financial ecosystem. As institutions increasingly turn to crypto assets for treasury management, partnerships like this will be crucial in driving innovation and shaping the future of the industry.
Nasdaq-listed firm Vivopower (Nasdaq: VVPR) is transitioning into an XRP-focused digital asset enterprise, deploying $100 million of its cryptocurrency holdings through Flare in a move that could revolutionize DeFi-based treasury management.
This initiative marks the public integration of Vivopower's new digital asset strategy, pivoting the company from its prior energy technology focus. The company is aiming to maximize the utility of its XRP (XUM) portfolio, unlocking liquidity and generating persistent yield.
"This partnership with Flare is a pivotal moment in Vivopower's journey," said Kevin Chin, Executive Chairman and CEO of Vivopower. "We are constantly seeking ways to enhance value for our shareholders. As we transition our treasury toward an XRP-focused model, the goal is to make the asset productive while adhering to the highest standards of corporate governance and shareholder value creation. It's no longer enough to simply hold XRP; the duty to our shareholders is to make it work for them."
To facilitate this initiative, Vivopower will leverage Flare's FAssets system. This system enables a seamless connection between XRP and leading DeFi protocols, providing a secure and programmable environment for institutional-grade treasury management.
"At Flare, we are dedicated to bridging the gap between blockchain ecosystems and institutions," said Hugo Philion, co-founder of Flare. "Our FAssets system is a direct application of that core technology. It is more than just a bridge; it's a gateway that allows institutions to bring assets like XRP into programmable DeFi environments to generate yield, all while retaining their fundamental security."
The partnership will see the integration of Flare's flagship Firelight protocol, which offers a unique and efficient method for generating yield on liquid assets like XRP. This will be combined with Vivopower's strategy of holding Ripple's upcoming RLUSD stablecoin as its primary reserve asset. This approach ensures regulatory compliance and contributes to the stability of the broader crypto ecosystem.
The initiative is being undertaken with the support of a consortium of international shareholders, including Prince Abdulaziz bin Turki bin Talal Al Saud, and the operational guidance of former Ripple executives from Asia, who have been instrumental in facilitating key partnerships and regulatory engagement.
With a shared vision for the future of institutional crypto finance, the partnership between
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- Ripple Reportedly Offered $4–5 Billion to Acquire Circle, the Issuer of USDC
- Jun 14, 2025 at 08:50 pm
- Ripple reportedly offered $4–5 billion to acquire Circle, the issuer of the second-largest U.S. dollar-pegged stablecoin, USDC, in a bold strategic move that could redefine the global financial landscape.
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- SBTs (Soulbound Tokens): The Next Phase of Decentralized Identity
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