VivoPower International PLC is deploying an initial $30 million of XRP with Doppler Finance to generate institutional-grade yield opportunities. The yield strategy involves reinvesting earnings back into the company's reserves, compounding long-term value for shareholders. The partnership with Doppler Finance, a yield generation protocol on the XRP Ledger, aims to unlock value for VivoPower's XRP holdings. South Korea holds $30 billion of XRP, representing 20% of the global circulating supply.
VivoPower International PLC (NASDAQ: VVPR), a sustainability-driven enterprise, has announced a strategic partnership with Doppler Finance to unlock institutional-grade yield opportunities for its XRP holdings. The company plans to deploy an initial $30 million of XRP through Doppler's platform, with the potential to grow beyond $200 million.
The partnership aims to create a regenerative loop where yields earned on deployed XRP will be systematically reinvested back into VivoPower's reserves, compounding long-term value for shareholders. This innovative treasury management strategy is designed to maximize the utility of XRP while generating substantial returns.
Doppler Finance, a yield generation protocol built on the XRP Ledger, is backed by ReForge, Digital Currency Group (DCG), and other Ripple-affiliated entities. The platform focuses on institutional-grade yield infrastructure for XRP holdings, offering regulated custody, fully audited reserves, and strictly vetted yield strategies.
"We are proud to have signed this definitive partnership agreement with VivoPower and look forward to working closely with them as they build out their digital asset treasury and decentralized finance solutions strategy in South Korea," said Rox Park, Head of Korea at Doppler Finance.
Kevin Chin, Executive Chairman and CEO of VivoPower, stated that the partnership provides a platform to participate in South Korea's XRP ecosystem, particularly in payment remittances via stablecoins, real-world asset tokenization, and decentralized finance lending. South Korea holds $30 billion of XRP's circulating supply, representing 20% of the global total [1].
VivoPower, originally founded in 2014 and listed on NASDAQ since 2016, has shifted toward a digital treasury strategy centered on XRP acquisition and management. The company operates globally with business units including Tembo, focused on electric vehicle solutions, and Caret Digital, which handles digital asset mining operations.
The partnership with Doppler Finance represents a significant evolution in public company treasury management, particularly within the cryptocurrency space. By leveraging Doppler Finance's programmable infrastructure, VivoPower can put reserves to work while retaining XRP as its cornerstone treasury asset.
References:
[1] https://www.marketscreener.com/news/vivopower-partners-with-doppler-finance-for-institutional-xrp-and-rlusd-yield-programs-maximizing-r-ce7c50d3dd81f625
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