Nasdaq-listed VivoPower International has entered the XRP finance sector with a $30 million treasury deployment through Doppler Finance, marking the first phase of a broader $200 million allocation 0 move positions the energy solutions company as one of the first publicly listed firms to adopt an institutional framework for earning yield on XRP 1 Adoption Gains Momentum Announcing the partnership on September 2, Doppler emphasized that the program will focus on qualified custody, segregated accounts, and real-time proof-of-reserves, aiming to standardize risk controls in XRP-based 2 initial phase involves a $30 million deployment, which the company intends to be the first step toward a total allocation of $200 3 initiative stands out for its institutional-grade design, prioritizing qualified custody, segregated accounts, and Proof-of-Reserves verification over chasing the highest possible 4 a statement, Kevin Chin, VivoPower’s executive chairman and CEO, said the firm views XRP as a “cornerstone treasury asset” and stressed the strategic importance of South Korea, where an estimated 20% of the global XRP supply is held.
Doppler, which has a strong presence in the Korean market, will provide the programmable infrastructure for the 5 development comes at a time when the Ripple ecosystem is gaining 6 recently launched a credit card offering rewards in XRP, while industry players continue to discuss the potential for a spot-based exchange-traded fund. Furthermore, the XRP Ledger itself is experiencing growth, particularly in the real-world asset (RWA) tokenization sector, where its market valuation has increased significantly, going from about $130 million in June to $320 million by late August per data from 7 Price Performance Looking at the market, XRP is currently trading at $2.84, gaining a modest 1.3% in the last 24 hours after oscillating between $2.77 and $2.86.
Over the past week, the asset slipped 5.7%, underperforming the broader market’s 0.5% 8 red also extends to XRP’s one-month performance, where it shed nearly 6% of its price. However, it is still showing a 399% gain year-on-year. Technically, XRP remains pressured after falling from its all-time high of $3.65 in 9 previously noted that the token had formed a spinning bottom candlestick pattern, which is often read as a potential reversal after a steep 10 support has held at $2.7, with resistance levels looming at $2.9 and $3.0. If bulls regain control, a breakout above $3 could set the stage for a test of the $3.6 to $4 zone.
However, failure to defend support risks a drop toward $2.5.
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