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VivoPower Partners with Doppler Finance for Institutional XRP and RLUSD Yield Programs: Maximizing Returns on Crypto Treasury Strategy
GlobeNewswire News Room· 2025-09-02 10:00
Core Insights - VivoPower International PLC has entered a partnership with Doppler Finance to deploy an initial US$30 million of XRP, aiming to unlock institutional-grade yield opportunities for its XRP holdings [1][3] - The yield strategy is designed as a regenerative loop, where yields earned on deployed XRP will be reinvested back into VivoPower's reserves, creating compounding long-term value for shareholders [2][4] - South Korea is a strategically important market for VivoPower, holding US$30 billion of XRP, which represents 20% of the global circulating supply [1][3] Company Overview - VivoPower is a sustainability-driven enterprise focused on digital treasury transformation, acquiring and managing XRP digital assets as part of a diversified digital treasury strategy [4][5] - The company operates globally, with a presence in regions including the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - VivoPower has two business units: Tembo, which focuses on electric solutions for customized fleet applications, and Caret Digital, which is centered on renewable power use cases, including digital asset mining [5] Partnership Details - The partnership with Doppler Finance is expected to enhance VivoPower's digital asset treasury and decentralized finance solutions strategy in South Korea [3][6] - Doppler Finance provides a yield generation protocol built on the XRP Ledger, combining regulated custody and audited reserves to ensure safety and scalability [6] - The collaboration aims to support the growth of the XRP ecosystem in South Korea, particularly in payment remittances, real-world asset tokenization, and DeFi lending [3][4]
VivoPower to Present at XRP Seoul 2025 in South Korea
Globenewswire· 2025-08-29 13:15
Core Insights - VivoPower International PLC has been invited to present at XRP Seoul 2025, a significant event in the XRP and Web3 space, scheduled for September 21, 2025 [1][3] - South Korea is a crucial market for VivoPower, with South Koreans holding an estimated $29 billion of XRP, representing 25% of the circulating supply [2][4] - The XRP Seoul 2025 conference is expected to attract over 3,000 attendees and 100 companies from 40 countries, focusing on the XRP ecosystem and industry trends [3] Company Overview - VivoPower is transforming into an XRP-focused digital asset enterprise, aiming to acquire, manage, and hold XRP digital assets as part of a diversified digital treasury strategy [4] - The company operates globally, with a presence in regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - VivoPower has two business units: Tembo, which focuses on electric solutions for ruggedized fleet applications, and Caret Digital, which is centered on renewable power use cases, including digital asset mining [5]
VivoPower Expands Partnership with Crypto.com with Shareholder Benefits Program
Globenewswire· 2025-08-28 12:45
Core Insights - VivoPower International PLC has expanded its partnership with Crypto.com to launch a shareholder benefits program, allowing shareholders to receive a $100 bonus in XRP tokens upon signing up as new users [1][2] - The initiative builds on a custody partnership first announced on August 12, 2025, indicating a strategic shift towards digital assets [1][3] Company Overview - VivoPower is transitioning into an XRP-focused digital asset enterprise, aiming to acquire, manage, and hold XRP digital assets as part of a diversified digital treasury strategy [3] - The company operates globally, with a presence in regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia, and is recognized as a sustainable energy solutions B Corporation [4] Business Units - VivoPower has two main business units: Tembo, which focuses on electric solutions for ruggedized fleet applications, and Caret Digital, which is dedicated to renewable power use cases, including digital asset mining [4]
VivoPower’s Tembo e-LV Subsidiary on Track for $200 Million Enterprise Value Investment from Energi Holdings via SPAC Transaction
Globenewswire· 2025-08-18 12:20
Core Viewpoint - Energi Holdings Limited will acquire a 51% stake in Tembo e-LV B.V. from VivoPower International PLC, enabling Tembo to proceed with its SPAC merger at an equity valuation of $838 million [1][2]. Group 1: Investment Details - The total enterprise valuation for 100% of Tembo is set at $200 million, with the equity purchase price for the 51% stake adjusted for Tembo's net debt and customary adjustments at closing [2]. - The investment is contingent upon the completion of Tembo's business combination agreement with Cactus Acquisition Corp 1 Limited and customary closing conditions [2]. Group 2: Corporate Structure and Strategy - VivoPower has initiated the recruitment of a dedicated board of directors for Tembo in preparation for its public listing [3]. - VivoPower is undergoing a strategic transformation to focus on XRP and digital assets, aiming to support decentralized finance infrastructure and blockchain applications [4]. Group 3: Company and Subsidiary Overview - VivoPower operates globally with a focus on sustainable energy solutions and has two business units: Tembo and Caret Digital [5]. - Tembo specializes in battery-electric and off-road vehicle solutions for various industrial sectors, including mining and agriculture, providing electrification solutions for utility vehicle fleet owners [6].
VivoPower's Tembo e-LV Subsidiary on Track for $200 Million Enterprise Value Investment from Energi Holdings via SPAC Transaction
GlobeNewswire News Room· 2025-08-18 12:20
Core Viewpoint - Energi Holdings Limited will acquire a 51% stake in Tembo e-LV B.V. from VivoPower International PLC, enabling Tembo to proceed with its business combination with Cactus Acquisition Corp 1 Limited at an equity valuation of $838 million [1][2] Group 1: Investment Details - The total enterprise valuation for 100% of Tembo is set at $200 million, with the equity purchase price for the 51% stake adjusted for Tembo's net debt and customary adjustments at closing [2] - The investment is contingent upon the completion of Tembo's business combination agreement with Cactus Acquisition Corp 1 Limited and customary closing conditions [2] Group 2: Corporate Structure and Strategy - VivoPower has initiated the recruitment of a dedicated board of directors for Tembo in preparation for its public listing [3] - VivoPower is undergoing a strategic transformation to focus on XRP and digital assets, aiming to support decentralized finance infrastructure and real-world blockchain applications [4] Group 3: Company and Subsidiary Overview - VivoPower International PLC operates globally with a focus on sustainable energy solutions and has two business units: Tembo and Caret Digital [5] - Tembo specializes in battery-electric and off-road vehicle solutions for various industrial sectors, including mining, agriculture, and defense [6]
VivoPower Selects Crypto.com as a Partner to Support Digital Asset Treasury Strategy
Globenewswire· 2025-08-12 12:30
Core Insights - Crypto.com has partnered with VivoPower International PLC to provide custodial support for VivoPower's digital asset treasury and mining strategies, enhancing its digital asset management capabilities [3][6] - VivoPower's shares will be available for trading on Crypto.com's platform, allowing access to its 150 million users, which is expected to improve liquidity for both VivoPower and its digital assets [5][6] Group 1: Partnership Details - VivoPower has selected Crypto.com as a strategic partner for custodial services, focusing on expanding its digital asset treasury holdings and mining strategy [3][4] - Crypto.com Custody will offer an end-to-end solution for eligible institutions and high-net-worth clients, emphasizing safety and security [4][6] Group 2: Market Impact - The partnership will facilitate easier trading of VivoPower's shares for both retail and institutional investors through a secure digital platform [5][6] - Shareholders will benefit from enhanced liquidity for XRP and other digital assets, along with access to upcoming XRP restaking via Flare [5][6] Group 3: Company Background - Crypto.com, founded in 2016, serves over 150 million customers and is recognized for its regulatory compliance and security [7] - VivoPower is transforming into an XRP-focused digital asset enterprise, aiming to support decentralized finance and blockchain applications [8][9]
VivoPower to Procure Underlying 211 million XRP Position Worth $696 million Through Budgeted Initial $100 million Acquisition of Ripple Shares
Globenewswire· 2025-08-11 12:45
Backed by investors including Andreessen Horowitz and Google Ventures, Ripple Labs (Ripple) holds 41 billion XRP tokens, representing approximately 41% of all XRP tokens on issue VivoPower will become the first and only U.S.-listed company to provide exposure to Ripple For $10 million of Ripple shares acquired, an estimated $5.15 of value per share could accrete to VivoPower LONDON, Aug. 11, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") today announced it ...
VivoPower To Purchase Initial US$100 Million of Ripple Shares, Effectively Buying XRP at an Implied US$0.47 Per Token
Globenewswire· 2025-08-08 13:30
Core Insights - VivoPower International PLC is acquiring shares of Ripple Labs, aiming to enhance its XRP-focused digital asset treasury strategy [1][3] - This acquisition positions VivoPower as the first and only U.S.-listed company providing exposure to Ripple shares and XRP tokens [1][3] - The company plans to purchase an initial US$100 million of privately held Ripple shares, subject to final approval from Ripple's management [1][4] Acquisition Details - VivoPower's acquisition strategy is expected to yield an estimated US$5.15 of value per share for every US$10 million of Ripple shares acquired [1][3] - The acquisition is based on a weighted average valuation of approximately US$19 billion for Ripple, representing an 86% discount to Ripple's US$135 billion holding of XRP tokens [6] - This implies an effective purchase price of US$0.47 per XRP token for VivoPower [6] Business Strategy - VivoPower aims to build a sustainable long-term treasury model that maximizes yield while minimizing the acquisition cost of XRP [5] - The company will hold a full and direct legal title of the Ripple shares purchased and will be recorded as a shareholder on Ripple's cap table [4] - VivoPower's strategy includes acquiring both Ripple shares and XRP tokens to optimize its portfolio [5] Ripple's Business Overview - Ripple holds 41 billion XRP tokens, primarily in escrow, and has a number of operating businesses including RLUSD, a stablecoin, and Hidden Road, a digital asset prime broker [2][6] - The company has recently expanded its stablecoin business and partnered with BNY Mellon [6] - Ripple's diverse business units also include digital asset custodians and a recently acquired stablecoin payment platform [2][6] Operational Support - VivoPower has engaged leading digital asset custodians and private market securities infrastructure providers to support its treasury strategy [7] - The company will undergo quarterly reviews of its Ripple shareholdings by an independent auditor [4] Company Background - VivoPower is transforming into an XRP-focused digital asset enterprise, aiming to contribute to the growth and utility of the XRP Ledger [8] - The company operates globally and has a focus on sustainable energy solutions, with business units in electric solutions and digital asset mining [9]
VivoPower Receives NASDAQ Notification Regarding Commencement of Options Trading
Globenewswire· 2025-07-24 13:15
LONDON, July 24, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”), the first publicly listed company in the world with a treasury strategy to accumulate and hold XRP (“XRP”), today announced that the Nasdaq Options Market has advised that it will begin listing standardized options on VVPR, effective Friday, July 25, 2025. The decision by NASDAQ to initiate options trading is based on an increase in perceived institutional and retail investor interest in VVPR’s stock over th ...
VivoPower Strengthens Balance Sheet, Further Reduces Debt by US$7.5 Million
Globenewswire· 2025-07-22 12:30
Core Insights - VivoPower has negotiated with selected lenders and suppliers to exchange outstanding debts for ordinary shares, resulting in a reduction of liabilities by an aggregate of US$7.5 million [1][2] - Directors have opted to receive shares instead of cash for certain fees, with some shares subject to lock-up conditions [2] - The company aims to fully retire its debts, including a shareholder loan of US$28.8 million as of June 30, 2025, with a retirement program already initiated [3] Financial Strategy - The initiatives reflect VivoPower's commitment to strengthening its balance sheet and optimizing its capital structure to support transformational growth strategies [4] - The execution of these financial strategies is contingent upon approval from independent directors and sufficient liquidity [4] Business Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets [5] - The company aims to support decentralized finance infrastructure and real-world blockchain applications through this new direction [5] Company Overview - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across multiple regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [6] - The company has two business units: Tembo, which focuses on electric solutions for fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [6]