VivoPower to Deploy $100M in XRP on Flare, Add Ripple USD for Treasury Operations

VivoPower International (VVPW), the Nasdaq-listed company transitioning into a digital asset treasury play, has plans to put $100 million worth of XRP XRP tokens to work.The firm announced Wednesday it has partnered with layer-1 blockchain Flare FLR to deploy $100 million XRP to generate yield on its treasury holdings. The initiative marks the first large-scale use of Flare’s FAssets system, which enables non-smart contract tokens like XRP to interact with decentralized finance (DeFi) protocols, the press release said.VivoPower plans to generate yield through Flare-native protocols such as Firelight and reinvest the income to expand its XRP holdings source: https://www.coindesk.com/business/2025/06/11/vivopower-to-deploy-usd100m-in-xrp-on-flare-add-ripple-usd-for-treasury-operations