VivoPower plans to raise $121 million to create an XRP treasury strategy

2025-05-29 08:31:26

ChainCatcher news, according to CoinDesk, Nasdaq-listed company VivoPower has filed documents with the U.S. Securities and Exchange Commission (SEC) stating its plan to raise $121 million to launch a crypto treasury asset strategy centered around XRP.

This financing is led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, who serves as the chairman of Eleventh Holding.

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VivoPower US SEC XRP fundraising

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