news 
Title: ‘XRP Is Just The Beginning’: VivoPower Execs Reveal 5-Year Plan
VivoPower International’s pivot towards an XRP-denominated treasury has been announced, but the real story is yet to be told. In a recent interview with Thinking Crypto host Tony Edward, Executive Chairman and CEO Kevin Chin, and Board-of-Advisors Chair Adam Traidman provided invaluable insights into why they chose XRP over Bitcoin and Ether, and what this means for their company’s future.
The key to VivoPower’s strategy lies in the original use case of XRP – low-cost transfers into emerging markets. This mirrors the geographies where Chin operates both for-profit and non-profit ventures. His personal conviction aligned with a glaring market gap: more than 100 listed companies now hold Bitcoin, but none have taken the same leap with XRP despite its deep liquidity and “very large following globally.”
The company will entrust custody and OTC conversions to BitGo, stake a portion of its holdings on Flare Network to earn yield, and recycle excess dollars into Ripple’s RLUSD stablecoin for cross-border settlements. The intention is to start trialing this process with some Philippines-based businesses in the near future.
Chin confirmed that VivoPower aims to share those yields directly with investors through a corporate structure. “That would be the plan,” Traidman added, emphasizing that this would be a differentiator for potential investors seeking both XRP and yield.
The focus on yield has already started shaping capital strategy. The company will initially fund purchases with equity anchored by Prince Abdulaziz of Saudi Arabia, an XRP holder since 2017. Borrowing could follow if the cost-of-capital equation stacks up. Traidman praised David Mansfield’s “judicious” discipline.
To address concerns about crypto volatility, both executives emphasized that they operate on a five-year cycle when formulating strategy and execution plans. This means VivoPower will ride out market fluctuations without panic selling or buying at the wrong moment.
The duo also addressed forthcoming deals, although details remain under nondisclosure obligations. However, it was revealed that due diligence is underway on startups building atop the XRP Ledger – investments expected to generate venture returns while expanding use-cases for VivoPower’s treasury.
Lastly, VivoPower plans to pilot RLUSD-based remittances with an eye towards expanding into Ghana and other markets where dollar liquidity is scarce.
Source: bitcoinist.com
