VivoPower to Raise $121 Million for XRP Treasury Strategy

VivoPower, a Nasdaq-listed company, has announced plans to raise $121 million to develop a cryptocurrency treasury strategy focused on XRP. The initiative is backed by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, chairman of Eleventh Holding. The company filed the necessary documentation with the U.S. Securities and Exchange Commission (SEC) to proceed with the fundraising effort.

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