VivoPower partners with BitGo for $100 million XRP acquisition, entering digital asset space with confidence.
From GlobeNewswire: 2025-06-02 10:21:00
VivoPower partners with BitGo to utilize their OTC trading desk and custody platform for a digital asset treasury strategy. VivoPower plans to acquire XRP tokens worth $100 million through BitGo. The partnership ensures efficient trading and secure storage of assets. VivoPower aims to enhance shareholder value by entering the digital asset space with confidence. BitGo’s CEO, Mike Belshe, highlights the institutional momentum around digital assets. The partnership showcases BitGo as a trusted custodian and premier trading partner for institutions. VivoPower has filed for a public offering of its ordinary shares with the SEC. VivoPower is transitioning into a XRP-focused digital asset enterprise, contributing to the growth of XRP Ledger and supporting decentralized finance infrastructure. The company operates globally with a focus on sustainable energy solutions and digital asset mining.
Read more at GlobeNewswire: BitGo Enters Strategic Partnership with VivoPower to