The company will use Crypto.com Custody, the institutional-grade custody solution by Crypto.com, to expand its digital asset treasury.<\/p>\n
VivoPower\u2019s shares will also be available for trading via Crypto.com\u2019s broker-dealer, a move aimed at bringing more visibility to VVPR shares among both retail and institutional investors. The VivoPower stock will be listed on Crypto.com, giving VVPR exposure to more than 150 million exchange users.<\/p>\n
\n\u201cWe are very pleased to have signed this partnership with Crypto.com to facilitate a listing for VivoPower on Crypto.com\u2019s Stock platform, providing exposure to Crypto.com\u2019s 150 million crypto native user base,\u201d said Kevin Chin, executive chairman of VivoPower. \u201cFurthermore, Crypto.com\u2019s custody services across multiple international jurisdictions will provide us with additional capacity for international growth.\u201d<\/p>\n<\/blockquote>\n
Chin said his company is confident that the collaboration will bolster VivoPower\u2019s XRP treasury strategy. He also noted that Crypto.com will play a role in supporting Caret\u2019s digital asset mining operations.<\/p>\n
<\/p>\n
VivoPower targets treasury asset momentum<\/h2>\n
Founded in 2014, VivoPower has traded on Nasdaq since 2016 and has a presence across the United Kingdom, North America, Europe, Australia, and the Middle East, among other regions. Its Caret Digital business unit focuses on renewable power use, including in digital asset mining.<\/p>\n
VivoPower plans to be a major player for XRP as well as the XRP Ledger. Its eyes are on the rapidly expanding decentralized finance and real-world assets ecosystem on the Ripple blockchain network.<\/p>\n
The company\u2019s pivot toward crypto as a treasury asset aligns with broader market trends. Public companies such as SharpLink Gaming and BitMine are moving into Ethereum, while VivoPower seeks to capture similar momentum as one of the top U.S.-listed companies offering exposure to XRP as a yield-generating asset.<\/p>\n
The company revealed its plans to buy $100 million worth of XRP via BitGo in June.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Nasdaq-listed VivoPower has selected crypto exchange Crypto.com as the custodial partner for its XRP treasury strategy. Summary VivoPower has integrated Crypto.com as a custody provider to power its XRP treasury…<\/p>\n","protected":false},"author":1,"featured_media":512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7595"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7595\/revisions"}],"predecessor-version":[{"id":7596,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7595\/revisions\/7596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/512"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}