VivoPower strengthens XRP strategy with $19M investment and South Korea launch
VivoPower has made a significant move towards strengthening its digital asset strategy by securing a $19 million equity raise, primarily focused on bolstering its XRP holdings, entering the South Korean crypto market, and investing directly in Ripple Labs.
After conducting a successful equity offering, VivoPower, a Nasdaq-listed company, raised $19 million at $6.05 per share, surpassing its recent closing price. The funds obtained from this offering are intended to expand its XRP holdings and retire existing debt, illustrating a deeper dive into the world of crypto finance. Along with this capital raise, VivoPower has introduced a range of new initiatives, including acquiring a $100 million stake in Ripple Labs, forging partnerships in yield-generating platforms, and undertaking international expansion efforts.
The substantial equity raise by VivoPower signifies its growing commitment to digital assets, specifically XRP. This offering, which was completed under a registered SEC prospectus, attracted interest from long-term institutional investors in the U.S. and abroad, demonstrating substantial confidence in the company’s crypto-focused direction. Previously, VivoPower had undertaken an additional Regulation S offering led by Prince Abdulaziz bin Turki bin Talal Al Saud.
VivoPower’s subsidiary, Caret Digital, will play a crucial role in the company’s XRP strategy by expanding mining operations and directly converting mined assets into XRP. This move aims to improve liquidity and secure the asset at potentially lower market rates, paving the way for a robust digital treasury model centered around XRP’s utility and market presence.
In August 2025, VivoPower unveiled a substantial $100 million investment in Ripple Labs, underlining its pivot towards the XRP ecosystem. This strategic move coincided with the launch of a new shareholder benefits program in collaboration with Crypto.com. Through this initiative, new users registering via a VivoPower affiliate link are eligible for XRP rewards, further solidifying VivoPower’s transformation into a digital asset enterprise.
To deepen its footprint in the global XRP market, VivoPower established a new office in South Korea and appointed Chris Kim as its local representative director. South Korea, known for its high XRP ownership rate and active crypto trading community, serves as a strategic market for VivoPower’s expansion efforts. With a focus on engaging with local communities to promote decentralized financial solutions and expand its XRP-based activities in the region, VivoPower’s presence in South Korea aligns with its participation in Korea Blockchain Week and XRP Seoul.
In a bid to enhance its institutional offerings, VivoPower has teamed up with Doppler Finance to introduce institutional-grade yield programs for XRP and RLUSD holdings. An initial tranche of $30 million has been allocated to generate yield from the company’s XRP treasury, laying the foundation for enhanced revenue opportunities.
VivoPower’s aggressive maneuver into the XRP market stands out from traditional approaches seen in publicly traded companies, highlighting a comprehensive integration of XRP across its operational layers. With a strong emphasis on mining, shareholder benefits, and regional expansions, VivoPower’s multi-faceted strategy indicates a firm commitment to leveraging the potential of XRP for future growth and development.
