VivoPower will use Crypto.com Custody to secure and expand its XRP-focused digital asset treasury holdings.
VVPR shares will be listed on Crypto.com giving access to over 150 million retail and institutional investors worldwide.
The partnership supports Caret Digital mining operations and strengthens VivoPower’s role in the Ripple blockchain ecosystem.
Nasdaq-listed VivoPower International PLC has chosen Crypto.com as its custodial partner for its XRP-focused treasury strategy. The partnership will see the sustainable energy solutions company use Crypto.com Custody, the platform’s institutional-grade asset storage service. This move will help VivoPower expand its digital asset holdings while maintaining secure and compliant storage across multiple jurisdictions.
https://twitter.com/cryptodylnews/status/1955470902554206228 Listing VVPR Shares on Crypto.com’s Stock Platform
As part of the agreement, VivoPower’s shares will be available for trading on Crypto.com’s stock platform. The listing will give VVPR shares visibility among over 150 million Crypto.com users worldwide. This step is aimed at attracting both retail and institutional investors. The company expects increased exposure to enhance liquidity for its stock and align with its broader growth objectives.
Supporting Caret Digital’s Mining Operations
The deal also includes support for Caret Digital, VivoPower’s digital asset mining division. Caret Digital aims at utilizing renewable energy in blockchain and mining. The new collaboration with Crypto.com is projected to support such activities with resources and infrastructure. This is in line with the initiative that VivoPower has taken in terms of using blockchain technology in its renewable energy developments.
VivoPower has been expanding its participation in the XRP ecosystem. The company is looking to be a major stakeholder in decentralized finance and real world asset initiatives on the Ripple blockchain. It also announced plans to buy XRP worth $121 million via BitGo in June 2025. This massive purchase displays its determination to use XRP as a fundamental treasury asset.
Aligning with Broader Market Trends
Several public companies have been diversifying into cryptocurrency holdings. Firms like SharpLink Gaming and BitMine have moved into Ethereum. VivoPower’s decision to focus on XRP follows a similar strategy, but with a targeted approach toward the Ripple network. The company aims to benefit from XRP’s liquidity, yield opportunities, and expanding use in decentralized finance applications.
Through this partnership, investors will gain improved access to XRP and other digital assets. The deal also offers participation in upcoming XRP restaking opportunities via Flare, with which VivoPower already collaborates. Enhanced liquidity and broader exposure to crypto markets are key outcomes the company expects from this move.
Positioning for Long-Term Growth
The evolution of VivoPower into a digital asset company, with XRP being the target asset, is a strategic change in the business model. The company is also poised to win in both the blockchain and renewable energy sectors as it integrates blockchain with renewable energy experience. The partnership with Crypto.com offers the infrastructure required to realize this long-term vision.
