【Hmm? Public companies are starting to use $XRP for on-chain yields?】
I've seen many friends in the English-speaking community discussing
The Nasdaq-listed company @Vivo_Power has just reached a significant partnership with @FlareNetworks!
They plan to invest the equivalent of 100 million dollars in $XRP
Through Flare's ecological protocol system
To earn on-chain yields
Then, reinvest those yields
To further expand their holdings
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In simple terms,
It's about using XRP to earn yields
And then using the yields to buy more $XRP
Creating a cyclical compound interest treasury strategy
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Why is this news worth paying attention to?
Because this is @Vivo_Power's first real execution of their corporate asset strategy around XRP
With support from a Saudi prince behind it
This represents their recognition of XRP
And it’s also an attempt at a new way of managing digital asset finances
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It's worth noting that
This partnership also validates the feasibility of @FlareNetworks' FAssets system in institutional scenarios
Previously, it was mainly used at the retail end
Now, even listed companies are starting to get involved!
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$XRP is transitioning from a “payment tool” to a “corporate asset management tool”
After reading the news, I can't help but predict
This could be a new turning point!
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What do you think?
Is XRP suitable for institutions to use for asset allocation?
Feel free to chat with us in the comments section~