Nasdaq-listed VivoPower International has entered the XRP finance sector with a $30 million treasury deployment through Doppler Finance, marking the first phase of a broader $200 million allocation plan.<\/p>\n
The move positions the energy solutions company as one of the first publicly listed firms to adopt an institutional framework for earning yield on XRP reserves.<\/p>\n
Announcing the partnership on September 2, Doppler emphasized<\/a> that the program will focus on qualified custody, segregated accounts, and real-time proof-of-reserves, aiming to standardize risk controls in XRP-based finance.<\/p>\n The initial phase involves a $30 million deployment, which the company intends to be the first step toward a total allocation of $200 million. This initiative stands out for its institutional-grade design, prioritizing qualified custody, segregated accounts, and Proof-of-Reserves verification over chasing the highest possible returns.<\/p>\n In a statement, Kevin Chin, VivoPower\u2019s executive chairman and CEO, said the firm views XRP as a \u201ccornerstone treasury asset\u201d and stressed the strategic importance of South Korea, where an estimated 20% of the global XRP supply is held. Doppler, which has a strong presence in the Korean market, will provide the programmable infrastructure for the initiative.<\/p>\n This development comes at a time when the Ripple ecosystem is gaining momentum. Gemini recently launched<\/a> a credit card offering rewards in XRP, while industry players continue to discuss<\/a> the potential for a spot-based exchange-traded fund.<\/p>\n Furthermore, the XRP Ledger itself is experiencing growth, particularly in the real-world asset (RWA) tokenization sector, where its market valuation has increased<\/a> significantly, going from about $130 million in June to $320 million by late August per data from RWA.xyz.<\/p>\n Looking at the market, XRP is currently trading at $2.84, gaining a modest 1.3% in the last 24 hours after oscillating between $2.77 and $2.86.<\/p>\n Over the past week, the asset slipped 5.7%, underperforming the broader market\u2019s 0.5% dip. The red also extends to XRP\u2019s one-month performance, where it shed nearly 6% of its price. However, it is still showing a 399% gain year-on-year.<\/p>\n Technically, XRP remains pressured after falling from its all-time high of $3.65 in mid-July. Analysts previously noted that the token had formed a spinning bottom candlestick pattern, which is often read as a potential reversal after a steep decline.<\/p>\n Key support has held at $2.7, with resistance levels looming at $2.9 and $3.0. If bulls regain control, a breakout above $3 could set the stage for a test<\/a> of the $3.6 to $4 zone. However, failure to defend support risks a drop toward $2.5.<\/p>\n The post VivoPower Unveils $30M XRP Yield Program With Doppler, Plans $200M Expansion<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Nasdaq-listed VivoPower International has entered the XRP finance sector with a $30 million treasury deployment through Doppler Finance, marking the first phase of a broader $200 million allocation plan. The move positions the energy solutions company as one of the first publicly listed firms to adopt an institutional framework for earning yield on XRP reserves. […]<\/p>\n","protected":false},"author":0,"featured_media":93583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93582"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93582"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93583"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}XRP Price Performance<\/h2>\n