XRP News Today: VivoPower partners with Crypto.com for XRP treasury and shareholder access expansion

VivoPower International PLC (NASDAQ: VVPR) has selected Crypto.com as a strategic partner to support its digital asset treasury strategy, focusing on the acquisition, management, and long-term holding of XRP. The partnership represents a pivotal step in VivoPower’s transformation into the first company globally to focus its corporate treasury strategy on XRP. Under the agreement, Crypto.com will provide institutional-grade custody services for VivoPower’s digital assets, including those held by its subsidiary Caret, which is engaged in digital asset mining [1][2][3].

The collaboration goes beyond custody, as Crypto.com will also facilitate the trading of VVPR shares on its platform, granting access to its 150 million global users. This initiative is designed to enhance liquidity and expand investor access for VivoPower. Shareholders will benefit from improved liquidity for XRP and other digital assets, with additional opportunities such as XRP restaking via Flare Networks, a prior partner of VivoPower [4][5].

Kevin Chin, Executive Chairman of VivoPower, highlighted that the partnership strengthens the company’s potential for international expansion, particularly through the multi-jurisdictional custody services provided by Crypto.com. He noted that the collaboration is expected to be beneficial for both VivoPower’s XRP-focused digital asset strategy and Caret’s digital asset mining operations [1].

The partnership aligns with growing trends in traditional finance where institutional players are increasingly engaging with digital assets. Eric Anziani, President and COO of Crypto.com, emphasized the platform’s role in enabling secure, scalable, and institutional-grade digital asset management, expressing confidence in supporting VivoPower’s strategic goals [1].

The move follows VivoPower’s decision to acquire up to $121 million worth of XRP, part of its initiative to establish one of the first corporate XRP treasuries. In June, the company partnered with BitGo for its first $100 million XRP purchase, with BitGo serving as the sole over-the-counter trading counterparty and offering custody for the acquired tokens [1]. Additionally, VivoPower has committed $100 million to a partnership with Flare Networks to explore XRP-based decentralized finance (DeFi) initiatives, aiming to generate revenue and develop real-world blockchain financial use cases [1].

The strategic integration with Crypto.com’s platform could serve as a bridge between traditional equity markets and crypto ecosystems, appealing to both traditional and crypto-native investors. The announcement does not include specific financial projections or implementation timelines, but it underscores tangible operational improvements such as enhanced custody infrastructure and expanded market access [6].

This collaboration underscores VivoPower’s commitment to expanding its digital asset operations and leveraging the potential of the XRP Ledger. As the company continues to evolve, its integration with Crypto.com’s services may provide a solid foundation for future growth in the digital asset space [7].

Sources:

[1] VVPR/VivoPower Selects Crypto.com as a Partner to Support Digital Asset Treasury Strategy (https://crypto.com/us/company-news/vivopower-selects-cryptocom-as-a-partner-to-support-digital-asset-treasury-strategy)

[2] VivoPower Partners With Crypto.com to Expand XRP Treasury and Shareholder Access (https://news.bitcoin.com/vivopower-partners-with-crypto-com-to-expand-xrp-treasury-and-shareholder-access/)

[3] Vivopower Partners with Crypto.com for Institutional Custody of XRP Treasury Assets (https://coingape.com/vivopower-partners-with-crypto-com-for-institutional-custody-of-xrp-treasury-assets/)

[4] Crypto.com to Provide Custody Services for VivoPower's Digital Assets (https://www.investing.com/news/company-news/cryptocom-to-provide-custody-services-for-vivopowers-digital-assets-93CH-4185085)

[5] VVPR/VivoPower Partners With Crypto.com, Gains Access to 150 Million Users (https://www.stocktitan.net/news/VVPR/vivo-power-selects-crypto-com-as-a-partner-to-support-digital-asset-ca285yj5mesy.html)

[6] XRP News Today: Vivopower Partners with Crypto.com to Expand XRP Treasury (https://www.ainvest.com/news/xrp-news-today-vivopower-partners-crypto-expand-xrp-treasury-list-shares-2508/)

[7] VivoPower International Announces Partnership with Crypto.com (https://www.globenewswire.com/news-release/2025/08/12/3131689/0/en/VivoPower-Selects-Crypto-com-as-a-Partner-to-Support-Digital-Asset-Treasury-Strategy.html)