VivoPower International (ticker VVPR) raised $121 million through a private stock offering, aiming to adopt a digital treasury strategy based on XRP.
▪️ The fundraising was led by Saudi Prince Abdulaziz bin Turki Al Saud, with the participation of former Ripple CEO, Adam Traidman, who joined as Chairman of the Advisory Board.
▪️ VivoPower aims to be the first publicly listed company to adopt a treasury strategy based on XRP, amidst a growing trend among companies to integrate digital assets into their balance sheets.
💥 A new step confirming the rise of XRP as an institutional digital store.
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