VivoPower Partners with Crypto.com to Safeguard XRP Treasury—Bullish Move for Digital Assets

VivoPower just handed Crypto.com the keys to its XRP vault—and the market's buzzing. Here's why this custody play matters.

When a renewable energy heavyweight bets on crypto, Wall Street pays attention. VivoPower's decision to lock its XRP reserves with Crypto.com isn't just about security—it's a calculated endorsement of digital assets' role in corporate treasuries.

The custody shuffle comes as institutional adoption hits record highs. Crypto.com's infrastructure now guards VivoPower's XRP stash, blending traditional finance rigor with blockchain's speed. No more third-party risks or clunky settlement delays—just cold storage and instant liquidity when needed.

Meanwhile, skeptics whisper about regulatory roulette. 'Another corporation playing with volatile assets instead of buying back stock,' mutters one hedge fund manager. But with XRP's recent rebound, VivoPower might just have the last laugh.

VivoPower targets treasury asset momentum

Founded in 2014, VivoPower has traded on Nasdaq since 2016 and has a presence across the United Kingdom, North America, Europe, Australia, and the Middle East, among other regions. Its Caret Digital business unit focuses on renewable power use, including in digital asset mining.

VivoPower plans to be a major player for XRP as well as the XRP Ledger. Its eyes are on the rapidly expanding decentralized finance and real-world assets ecosystem on the Ripple blockchain network.

The company’s pivot toward crypto as a treasury asset aligns with broader market trends. Public companies such as SharpLink Gaming and BitMine are moving into Ethereum, while VivoPower seeks to capture similar momentum as one of the top U.S.-listed companies offering exposure to XRP as a yield-generating asset.

The company revealed its plans to buy $100 million worth of XRP via BitGo in June.