VivoPower is ramping up its digital asset strategy with a $19 million equity raise aimed at boosting XRP holdings, entering South Korea’s crypto market, and investing directly in Ripple Labs.
Key Takeaways
- VivoPower raised $19 million through a stock offering to grow its XRP treasury and reduce debt.
- The company acquired a $100 million stake in Ripple Labs and launched an XRP rewards program via Crypto.com.
- Caret Digital, its mining arm, will convert mined crypto directly into XRP.
- VivoPower opened a new office in South Korea to engage with its XRP-friendly ecosystem.
What Happened?
VivoPower International PLC, a Nasdaq-listed company, has completed a $19 million equity offering priced at $6.05 per share, exceeding its last closing price. The proceeds will be used to expand its XRP holdings and retire existing debt, marking a deeper shift into crypto finance. Alongside this raise, VivoPower is rolling out several new initiatives including a $100 million stake in Ripple Labs, partnerships in yield-generating platforms, and international expansion.
🚨 JUST IN: Nasdaq-Listed $XRP Treasury Company Raises $19M to Expand Digital Asset Holdings. pic.twitter.com/qDVmyjnv7V
— RippleXity (@RippleXity) October 2, 2025
VivoPower’s Bold Move Into XRP
VivoPower’s latest capital raise is a strong signal of its growing commitment to digital assets, especially XRP. The offering, conducted under a registered SEC prospectus, drew interest from long-term institutional investors in the U.S. and abroad, reflecting confidence in the company’s crypto-focused trajectory. The raise follows an earlier Regulation S offering led by Prince Abdulaziz bin Turki bin Talal Al Saud.
The company’s mining subsidiary, Caret Digital, will now play a bigger role in the XRP strategy. It plans to scale up mining operations and convert mined assets directly into XRP, enhancing liquidity and securing the asset at potentially lower market rates. VivoPower aims to create a robust digital treasury model centered on XRP’s utility and reach.
Ripple Investment and Rewards Program
In August 2025, VivoPower unveiled a $100 million investment in Ripple Labs, reinforcing its pivot into the XRP ecosystem. The announcement coincided with the launch of a new shareholder benefits program in partnership with Crypto.com. Through this initiative, qualified new users signing up via a VivoPower affiliate link receive XRP rewards.
These strategic actions align with VivoPower’s self-described transformation into a digital asset enterprise. The company now offers investors exposure not only to XRP tokens but also to Ripple Labs equity, a rare dual-access model among listed firms.
South Korea Expansion and Institutional Yield Partnership
To further embed itself in the global XRP landscape, VivoPower opened a new office in South Korea, appointing Chris Kim as its local representative director. South Korea is known for its high rate of XRP ownership and active crypto trading ecosystem, making it a strategic market for expansion.
According to Kim, the firm aims to engage with local communities to decentralize finance solutions and grow its XRP-based operations in the region. The company’s presence in South Korea follows its participation in Korea Blockchain Week and XRP Seoul.
Additionally, VivoPower has partnered with Doppler Finance to launch institutional-grade yield programs for XRP and RLUSD holdings. A pilot tranche of $30 million is already in place to generate yield from the company’s XRP treasury.
CoinLaw’s Takeaway
In my experience tracking corporate crypto adoption, VivoPower’s aggressive XRP play is unlike most we’ve seen from publicly traded firms. They’re not just holding tokens on the balance sheet but they’re embedding XRP into every layer of their strategy, from mining to shareholder benefits and regional offices.
I found the Ripple Labs stake especially interesting. It’s a move that doesn’t just bet on a token, but also on the company driving its utility. Combine that with a dedicated South Korea launch and a $30 million yield pilot, and this is clearly a full-spectrum bet on the future of XRP.
