XRP News Today: Saudi Prince Invests $100 Million in XRP, VivoPower Shifts to Crypto-First Strategy

Saudi Prince Abdulaziz bin Turki Al Saud has invested $100 million into XRP through a strategic partnership with VivoPower International PLC. This investment is part of a broader fundraising effort by VivoPower, which has successfully raised a total of $121 million to implement an XRP-focused treasury and infrastructure strategy. The prince's contribution is the largest component of this fundraising round, marking the first instance where a public company has officially committed to building its treasury operations around XRP, rather than more established digital assets like Bitcoin or Ethereum.

VivoPower's strategy involves allocating capital to directly purchase and hold XRP as a reserve asset. The company also plans to develop new infrastructure on the XRP Ledger (XRPL), which will support a broader shift toward decentralized finance (DeFi) solutions. As part of this strategic shift, VivoPower is preparing to spin off certain legacy divisions to focus exclusively on cryptocurrency and blockchain applications. This move is expected to position VivoPower as a leader in the crypto-first corporate entity space, with a particular focus on XRPL-based applications.

To guide this transformation, VivoPower has appointed Ripple veteran Adam Traidman as advisory chairman. Traidman's experience in the XRP ecosystem is expected to be instrumental in VivoPower's transition into a crypto-first corporate entity. This appointment underscores VivoPower's commitment to leveraging XRP and the XRPL for its strategic initiatives.

The investment by Prince Abdulaziz has broader implications for the XRP ecosystem. It serves as a "royal-level endorsement" of XRP, highlighting its growing use case in DeFi and treasury management. This move could lead to increased institutional interest in XRP, similar to how MicroStrategy’s acquisition of Bitcoin catalyzed corporate interest in BTC during previous market cycles. The involvement of Prince Abdulaziz further distinguishes this investment by providing it with geopolitical and economic weight, particularly given Saudi Arabia’s broader interest in emerging financial technologies.

The announcement presents a notable inflection point in XRP’s institutional narrative. Unlike other public companies that have thus far preferred Bitcoin or Ethereum for treasury allocation, VivoPower’s decision to center its capital strategy around XRP introduces a new precedent. This move reflects a growing perception among market observers that XRP may be entering a new phase of institutional relevance, driven by high-profile endorsements and a maturing use case within both treasury management and decentralized financial infrastructure.