VivoPower and Doppler Finance Announce $30M XRP Investment

VivoPower, a Nasdaq-listed clean energy company, and Doppler Finance have announced a plan to invest $30 million in ￰0￱ also have plans to grow this investment to $200 ￰1￱ goal is to maximize returns and reinvest them for long-term growth, reflecting a proactive strategy in managing digital ￰2￱ Sees Surge in Activity Notably, Doppler Finance will manage the fund using its special algorithms to focus on protecting capital, optimizing returns, and managing ￰3￱ is part of a larger effort by both companies to incorporate crypto assets into traditional finance ￰4￱ such, improve the stability and performance of their treasury operations. Meanwhile, VivoPower’s Executive Chairman and CEO, Kevin Chin, affirmed that this decision marks a significant change.

Undoubtedly, this move reflects confidence in XRP, especially as more companies and asset managers seek new options to store value and earn returns with digital ￰5￱ is worth noting that this investment comes at a time when activity on the XRP Ledger is rapidly ￰6￱ to recent data, the daily payments range from $350 million to $900 million per ￰7￱ rise shows that more people are using the XRP Ledger, not just for payments, but also for decentralized finance (DeFi) and high-quality financial ￰8￱ Buys Discounted Ripple Shares Recall that VivoPower revealed a bold plan to grow its crypto ￰9￱ company revealed it will buy shares in Ripple Labs, the largest holder of the digital asset ￰10￱ reported by TheCoinRise, VivoPower entered into agreements to buy $100 million worth of Ripple shares from current shareholders.

However, these agreements are still waiting for final approval from Ripple’s executive ￰11￱ investment is part of VivoPower’s long-term strategy to build an XRP-focused ￰12￱ May, the company raised $121 million to fund its crypto ￰13￱ after, it spent $100 million to buy XRP on the Flare Network, aiming to earn income from its ￰14￱ Ripple’s Growth and Stablecoin Push VivoPower’s interest in Ripple extends beyond purchasing XRP at a ￰15￱ company says it also believes in Ripple’s long-term ￰16￱ has compared the firm’s potential to that of Circle, the company behind the USDC stablecoin, which went public earlier this ￰17￱ the deal is completed, VivoPower will become the first publicly traded ￰18￱ to offer investors exposure to Ripple shares and XRP ￰19￱ company has also confirmed that it will continue to buy and hold XRP directly, alongside its investment in Ripple itself.

Intriguingly, VivoPower is not the only firm making this move. A growing number of public companies are making huge investments in XRP , bringing total corporate commitments close to $1 billion.