VivoPower Secures $121M War Chest for XRP Treasury Play

BTCC / BTCC Square / CoindeskEN /

VivoPower Secures $121M War Chest for XRP Treasury Play—Saudi Royals Place Their Bet

Author:

Release Time:

2025-05-28 19:16:01

VivoPower Raises $121M to Launch XRP Treasury Strategy With Saudi Royal Backing

In a move that blends crypto ambition with royal intrigue, VivoPower just locked down $121 million to fuel its XRP treasury strategy. The kicker? Backing from Saudi Arabia’s monarchy—because nothing says ’institutional adoption’ like petrodollars chasing digital assets.

The funding round reads like a hedge fund fever dream: deep-pocketed sovereign wealth meets blockchain’s most polarizing altcoin. XRP maximalists will tout this as validation; skeptics will note the Saudis have a habit of throwing money at shiny objects (see: Neom, The Line, and every other desert mirage).

One thing’s clear—when traditional finance and crypto collide, the smart money watches where the whales swim. Even if those whales happen to wear golden keffiyehs.

By:

Log in to Reply

NYC Mayor Eric Adams Pushes to Axe BitLicense—Proposes ’BitBond’ as Crypto Regulatory Alternative

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.