VivoPower International PLC announced on June 2, 2025, a strategic partnership with BitGo, a leading infrastructure provider of digital asset solutions. VivoPower will leverage BitGo as an exclusive over-the-counter (OTC) trading desk to acquire XRP for its initial US$100 million acquisition of XRP tokens.
Having successfully raised US$121 million, VivoPower will exclusively use BitGo for both the trading of its XRP holdings through BitGo’s 24/7/365 OTC trading desk and the secure cold storage of its assets. This partnership is expected to provide VivoPower with access to BitGo’s liquidity, robust execution capabilities, and secure infrastructure.
This collaboration is a critical step in building out VivoPower's leading digital asset treasury strategy, ensuring institutional-grade security and efficiency for its significant XRP allocation. The partnership underscores BitGo’s growing position as a trusted custodian and premier trading partner for institutions entering the digital asset space.
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