Nasdaq-listed VivoPower has achieved a significant milestone by turning into the primary public firm to create an XRP-focused Treasury. To kickstart this initiative, the corporate has already raised as much as $121 million, which it’s going to use to accumulate the altcoin. VivoPower To Launch XRP Treasury In a press launch, VivoPower introduced an XRP-focused digital asset Treasury Technique, which can embody the contribution to constructing out the XRPL ecosystem for real-world decentralized finance blockchain options. The corporate made this announcement whereas noting that the altcoin may very well be one of many 5 digital belongings that the US authorities will accumulate as a part of the Strategic Bitcoin Reserve and Digital Asset Stockpile that Donald Trump introduced months in the past. As a part of the transfer to create this treasury, VivoPower revealed that it has raised $121 million by means of a personal placement, with buyers shopping for an combination of 20 million abnormal shares at $6.05 per share. The… Read More at Coingape.com
The put up VivoPower Raises $121 Million To Create XRP Treasury appeared first on CoinGape.