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Ripple News: VivoPower Deploys $100M in XRP via Flare, Price Dips
Big news for XRP holders — Nasdaq-listed VivoPower International has announced plans to deploy $100 million worth of XRP tokens through the Flare blockchain. The company will utilize this investment to generate yield, allowing them to earn passive income from their holdings. This move makes VivoPower one of the first public companies to adopt XRP for treasury operations, following a trend where big firms like MicroStrategy have used Bitcoin in a similar way.
What’s even more significant is that VivoPower will also utilize Ripple’s upcoming USD stablecoin as part of its treasury management system. We’re thrilled to announce that @Vivo_Power $VVPR has signed a definitive partnership agreement w/ @FlareNetworks , led by CEO @HugoPhilion, at #APEX2025.
For those who are unfamiliar, while XRP itself doesn’t offer staking like other proof-of-stake blockchains, Flare provides a DeFi platform where assets like XRP can be used to earn yield. This is a massive selling point for institutional investors, who often look for ways to make passive income while holding assets for the long term.
Flare and Ripple both took to social media and announced this partnership, with photos of the signing ceremony.
Source: coinpedia.org
