Saudi Prince and Trump-Linked Talks Fuel $121M XRP Treasury Strategy Amid Bullish Momentum

In a groundbreaking development for the cryptocurrency sector, VivoPower International, a NASDAQ-listed energy company, has secured $121 million in private funding to launch a digital asset treasury strategy centered around XRP. The initiative was led by Saudi Arabia’s Prince Abdulaziz bin Turki Al Saud, a prominent crypto investor, who revealed that discussions with former U.S. President Donald Trump influenced the timing of the move. This strategic investment positions VivoPower as the first publicly traded company to adopt such a significant XRP-focused treasury strategy, signaling growing institutional confidence in the digital asset. The involvement of high-profile figures like Prince Abdulaziz and references to Trump’s influence underscore the increasing intersection of global finance, politics, and cryptocurrency. As of May 2025, this development could further bolster XRP’s market position and attract additional institutional interest, potentially driving long-term value appreciation for the token.

Saudi Prince and Trump-Linked Talks Accelerate $121M XRP Treasury Strategy

VivoPower International, a NASDAQ-listed energy firm, has secured $121 million in private funding to launch an XRP-centric digital asset treasury strategy. The deal was spearheaded by Saudi Arabia’s Prince Abdulaziz bin Turki Al Saud, a known crypto investor, who cited discussions with former U.S. President Donald Trump as a catalyst for the timing.

The move positions VivoPower to become the first public company to formally hold XRP in its treasury reserves, aligning with a broader corporate trend of crypto adoption. Market observers highlight the geopolitical undertones, as the Saudi delegation’s meeting with TRUMP appears to have accelerated Riyadh’s blockchain ambitions.

Ripple’s RLUSD Stablecoin Debuts on Bitget’s Web3 Zone

Bitget has listed Ripple USD (RLUSD), a USD-backed stablecoin issued by Ripple subsidiary Standard Custody & Trust Company, LLC. Trading commenced with RLUSD/USDT and RLUSD/USDC pairs in the exchange’s Innovation and Web3 Zone, targeting assets with emerging use cases.

The stablecoin, fully collateralized by U.S. dollars, is designed for cross-border payments—a core focus for Ripple. It’s available on both ethereum (ERC-20) and the XRP Ledger, reinforcing Ripple’s push into compliant payment solutions.

Bitget’s MOVE aligns with its strategy to expand regulated offerings. Deposits are live, with withdrawals enabled from May 30. The listing underscores growing institutional interest in stablecoins as bridges between traditional finance and crypto.

XRP Futures Trading Shows Strong Global Demand, Nearly Half of Volume Outside U.S. Hours

CME Group’s newly launched XRP futures contracts have demonstrated the cryptocurrency’s international appeal, with 46% of trading volume occurring outside U.S. market hours. The derivatives, which include standard and micro-sized contracts, recorded $86.6 million in volume across 4,032 trades during their first six trading days.

Nearly half of the participation comes from non-U.S. traders, reflecting XRP’s design as a cross-border payments solution. Ripple’s financial technology leverages the XRP Ledger to facilitate fast, low-cost international money transfers—a use case that appears to resonate globally.

The cash-settled contracts track XRP’s price via the CME CF Benchmark Reference Rate, offering institutional traders exposure without direct asset ownership. Market observers note the strong debut suggests growing sophistication in crypto derivatives markets beyond Bitcoin and Ethereum.

VivoPower Launches $121M XRP Treasury Initiative Led by Saudi Royalty

VivoPower International has secured $121 million in private funding to establish the first publicly traded corporate treasury dedicated to XRP. The energy-focused firm will allocate most capital to acquiring the Ripple-affiliated cryptocurrency and building institutional-grade digital asset management infrastructure.

His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud anchored the investment round, which priced 20 million shares at $6.05 each. The move signals growing Middle Eastern institutional interest in crypto assets, particularly those with cross-border payment utility like XRP.

The treasury operation includes strategic support for XRP Ledger’s DeFi ecosystem development. VivoPower has enlisted Adam Traidman, former Ripple board member and BRD Wallet CEO, as a key advisor. Market observers note the initiative could position XRP for potential inclusion in future national digital asset reserves.