Registered with NASDAQ, Vivopower has selected Crypto Exchange Crypto.com as its management partner for its XRP financial strategy.
summary
- Vivopower has integrated Crypto.com as its detention provider to strengthen the XRP Treasury asset strategy.
- Registered with NASDAQ, Vivopower teamed up with Bitgo in June.
- XRP is one of the largest cryptocurrencies on the market and continues to attract institutional interest.
Vivopower International Plc, a sustainable energy solutions company moving to a digital asset enterprise focused on XRP (XRP), has announced that it has attacked its strategic partnership with Crypto.com as Crypto Exchange is set up to become Vivopower’s Crypto Custody Partner.
The company will expand its Digital Asset Treasury with crypto.com’s facility-level management solution.
Vivopower stocks can also be traded through a broker-dealer on Crypto.com. This is a move aimed at bringing more visibility into VVPR stocks for both retail and institutional investors. Vivopower shares are listed on crypto.com and give VVPR exposure to over 150 million exchange users.
“We are extremely pleased to sign this partnership with Crypto.com to promote the list of Vivopower on Crypto.com’s stock platform, and are exposed to Crypto.com’s 150 million Crypto native user base.” “In addition, Crypto.com’s management services across multiple international jurisdictions provide additional capabilities for international growth.”
Chin said his company is confident that the collaboration will strengthen Vivopower’s XRP financial strategy. He also said Crypto.com will play a role in supporting Caret’s digital asset mining operations.
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Vivopower is targeting the momentum of the Ministry of Finance
Founded in 2014, Vivopower has been traded on NASDAQ since 2016 and is present in other regions, including the UK, North America, Europe, Australia and the Middle East. Its CARET Digital Business Unit focuses on the use of renewable electricity, including digital asset mining.
Vivopower plans to become a major player in XRP, just like XRP leisure. Their eyes lie in the rapidly expanding decentralized financial and real-world asset ecosystem on the Ripple blockchain network.
The company’s pivots on crypto as a financial asset are consistent with broader market trends. Public companies like Sharplink Gaming and Bitmine are moving to Ethereum, but Vivopower is trying to capture similar momentum as one of the top US companies offering exposure to XRP as a yielding asset.
The company announced plans to purchase $100 million worth of XRP in June via BITGO.
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