
Nasdaq-listed energy company VivoPower has announced a $121 million funding round to establish a digital asset treasury focused on XRP, the fourth-largest cryptocurrency by market capitalization. The funding includes $100 million backed by Saudi Prince Abdulaziz bin Turki Al Saud. VivoPower aims to use the capital to accumulate XRP and expand the XRP Ledger's decentralized finance ecosystem, positioning itself as the first publicly traded firm to hold an XRP-centered treasury. Separately, China-based AI and chauffeur service provider Webus International Limited plans to raise up to $300 million through non-equity financing to create an XRP strategic reserve. This initiative is intended to enhance infrastructure, support global cross-border payments, and drive the company's global expansion. Combined, these corporate moves represent over $400 million in planned investments into Ripple's XRP, signaling growing institutional adoption of the cryptocurrency as a treasury asset and payment solution.
















Corporations are set to invest over $400 million in @Ripple's XRP, with VivoPower planning to acquire $121 million and Webus International aiming for up to $300 million. Read more: https://t.co/33YwxbOlqN
[COINDESK] International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve $XRP
NEW: 🇨🇳 China's AI company Webus International Limited announces up to $300 million financing plan to establish an $XRP strategic reserve, supporting global payment solutions. https://t.co/zIVrhioo9p