VivoPower Expands XRP Treasury With $19M Raise

VivoPower International has secured $19 million in fresh equity funding, marking another step in its growing commitment to XRP as part of a broader $200 million allocation strategy.

The financing, completed at a premium to market, strengthens the company’s digital asset treasury program while also supporting debt reduction. Funds will be directed toward acquiring and managing XRP holdings with a focus on long-term value.

This latest raise follows a previously announced $30 million partnership with Doppler Finance to deploy XRP reserves, the first phase of VivoPower’s roadmap to build a sizable digital asset position. Together, these moves reflect a structured approach to incorporating XRP into its balance sheet strategy.

VivoPower has also begun experimenting with blockchain-based settlement through RLUSD, Ripple’s stablecoin, which its Tembo EV subsidiary has adopted for international payments. The use of tokenized settlement aims to lower costs and speed up transactions compared to traditional banking channels.

By committing substantial resources to XRP, VivoPower becomes one of the first publicly listed companies to formally integrate the asset into a long-term treasury allocation. The strategy signals growing institutional confidence in digital assets, particularly in enterprise use cases like tokenization and cross-border finance.