Key Highlights:
- VivoPower, a Nasdaq-listed company, has raised approximately $19 million through a new share issuance.
- The funds will be allocated to expanding the company’s XRP treasury, reinforcing its focus on the XRP Ledger ecosystem.
- Institutional investors in the U.S. and abroad purchased shares at $6.05 each, 34% above the closing price on October 1, 2025.
Strengthening XRP Holdings
VivoPower, the first publicly traded company to adopt a full XRP treasury strategy, continues to solidify its position in the XRP ecosystem. The latest funding complements a private placement (PIPE) in May 2025 worth $121 million, marking a strategic push toward long-term XRP adoption and treasury management.
The capital raised will be used to acquire additional XRP tokens, enhancing the firm’s capacity to leverage its holdings for staking, liquidity provision, and participation in decentralized finance initiatives on the XRP Ledger.
Leadership and Strategic Moves
In May 2025, Adam Treidman, former Ripple Labs board member and blockchain entrepreneur, joined VivoPower’s advisory board as chairman and invested a significant undisclosed amount in the company.
Additionally, in August 2025, VivoPower announced the purchase of Ripple Labs shares, giving the company access to 211 million XRP at $0.47 per token. Its mining division, Caret Digital, is also transitioning fully to XRP, further aligning operations with its treasury strategy.
The market responded positively: VivoPower’s shares on Nasdaq jumped following the announcement, reflecting investor confidence in the firm’s XRP-centric strategy.
