VivoPower International, a Nasdaq-listed entity known for its pivot into digital asset treasury initiatives, is making waves in the cryptocurrency space. On June 11, 2025, the company revealed its ambitious plan to allocate $100 million of its treasury funds into XRP tokens on Flare’s blockchain, marking a significant shift in its financial strategy.
A Bold Leap into DeFi
This move isn’t just a random foray into the blockchain world. VivoPower is leveraging Flare’s FAssets system to integrate XRP—a non-smart contract token—into decentralized finance (DeFi) protocols. By aligning with Flare, the company aims to transform its XRP holdings into a productive asset, rather than letting them sit idle. CEO Kevin Chin emphasized the need for this strategy, stating, “It’s no longer enough to simply hold XRP; the duty to our shareholders is to make it productive.”
The partnership with Flare—a layer-1 blockchain known for its innovative approach to DeFi—enables VivoPower to utilize protocols like Firelight. These platforms will allow the company to generate yield on its XRP, creating potential for reinvestment and expansion of its digital asset reserves. This follows a pattern of institutional adoption, which we detailed in our analysis of corporate treasury investments.
Institutional Validation and Strategic Partnerships
Flare’s co-founder, Hugo Philion, sees this as a validation of institutional interest in their technology. “Our FAssets system […] is more than just a bridge; it’s a gateway,” Philion noted. This collaboration not only highlights Flare’s potential in the DeFi space but also sets a precedent for other institutions considering similar strategies.
Adding another layer to its treasury operations, VivoPower plans to integrate Ripple’s RLUSD stablecoin as a cash-equivalent reserve. This adoption is seen as a move towards ensuring stability and regulatory compliance, which Chin describes as “a cornerstone of this strategy.” In a related development, Ripple’s strategic moves in the stablecoin space, such as their recent offer for Circle, are further explored in our coverage of Ripple’s $4B-$5B offer for Circle.
Historical Context and Market Trends
VivoPower’s strategy isn’t emerging in a vacuum. The concept of publicly traded companies holding digital assets in their treasuries was popularized by Michael Saylor’s MicroStrategy, which has become the largest corporate holder of Bitcoin. This trend reflects a broader shift in how companies perceive digital assets—not merely as speculative investments but as integral parts of their financial strategies.
Recently, VivoPower secured $121 million through a private share placement, led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, Chairman of Eleventh Holding Company. This capital influx, combined with the BitGo-facilitated acquisition of XRP, positions VivoPower to execute its digital asset strategy with considerable financial backing.
Forward-Looking Implications
The implications of VivoPower’s actions extend beyond its own balance sheet. This move could signal a new chapter for institutional involvement in the DeFi ecosystem, potentially encouraging other firms to explore similar opportunities. However, questions remain about the long-term viability and risks associated with such strategies in the volatile crypto markets.
As VivoPower embarks on this ambitious path, the cryptocurrency community will be watching closely. Will this be a blueprint for other institutions to follow, or a cautionary tale of overreach? Only time will tell, as the landscape of digital finance continues to evolve.
Source
This article is based on: VivoPower to Deploy $100M in XRP on Flare, Add Ripple USD for Treasury Operations
Further Reading
Deepen your understanding with these related articles:
- Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors
- Restaking can make DeFi more secure for institutional traders
- Metaplanet Registers U.S. Treasury Arm to Grow Its Bitcoin Reserve Strategy
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
