Crypto.com has partnered with VivoPower International PLC to provide custodial services for their digital asset treasury and mining strategies. Crypto.com Custody will handle the custodial services, offering a comprehensive, end-to-end solution with safety and security at its core. VivoPower's shares will also be available for trading through Crypto.com's broker-dealer, making it easier for crypto natives to invest. The partnership aims to expand VivoPower's digital asset holdings strategy and provide access to $VVPR stock on Crypto.com's Stocks platform.
Crypto.com has entered into a strategic partnership with VivoPower International PLC to provide custodial services for their digital asset treasury and mining strategies. Under the agreement, Crypto.com Custody will handle the custodial services, offering a comprehensive, end-to-end solution with safety and security at its core. This collaboration aims to enhance VivoPower's digital asset holdings strategy and provide access to VivoPower's shares on Crypto.com's Stocks platform.
The partnership will see VivoPower's shares listed on Crypto.com's broker-dealer platform, making it easier for crypto-native retail and institutional investors to trade $VVPR. Additionally, shareholders will benefit from superior liquidity for XRP and other digital assets, as well as access to upcoming XRP restaking via Flare, which VivoPower has already partnered with.
Eric Anziani, President and Chief Operating Officer of Crypto.com, commented, "Crypto.com was purpose-built for today and tomorrow's market – being able to provide institutions a most comprehensive, safe, and secure crypto platform for acquiring and managing digital assets. We look forward to supporting VivoPower in its digital asset treasury strategy and continuing to position Crypto.com as the destination of choice for institutional custody."
Kevin Chin, Executive Chairman of VivoPower, added, "We are very pleased to have signed this partnership with Crypto.com to facilitate a listing for VivoPower on Crypto.com’s Stock platform, providing exposure to Crypto.com’s 150 million crypto-native user base. Furthermore, Crypto.com’s custody services across multiple international jurisdictions will provide us with additional capacity for international growth. We are confident that this partnership will be accretive to our XRP-focused digital asset strategy, as well as Caret’s digital asset mining business."
The collaboration highlights VivoPower's strategic transformation into the world's first XRP-focused digital asset enterprise. The company's new direction centers on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy.
References:
[1] https://www.stocktitan.net/news/VVPR/vivo-power-selects-crypto-com-as-a-partner-to-support-digital-asset-ca285yj5mesy.html
[2] https://www.ainvest.com/news/xrp-news-today-vivopower-acquires-100m-ripple-stake-boosting-xrp-exposure-2508/
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