Oh, look at this! Nasdaq-listed Vivopower is going *all-in* on XRP, throwing down a cool $100 million, and who does it trust to help with this wild ride? Bitgo, of course! These two are locking arms to transform Vivopower into a “decentralized finance solutions company.” So, what could possibly go wrong? 🤔💸
Vivopower and Bitgo: Partners in Crypto Chaos 💥
In a move that screams “digital transformation,” Vivopower International PLC (Nasdaq: VVPR) has decided to throw its weight behind XRP. The company, with grand visions of becoming a powerhouse in decentralized finance, has partnered with none other than Bitgo to supercharge its $100 million XRP acquisition strategy. Who needs traditional finance when you’ve got crypto, right? 😏💰
According to these bright minds, the partnership designates Bitgo as Vivopower’s exclusive partner for trading and custody services. Bitgo will be handling Vivopower’s XRP holdings through its 24/7/365 OTC desk—because, you know, it’s not a real strategy unless it’s available around the clock. Plus, their secure asset storage system is there to ensure nothing goes “missing.” Or does it? 🤷♂️🔐
But wait, there’s more! Here’s a quote from Vivopower’s Executive Chairman and CEO, Kevin Chin, who seems pretty thrilled about the whole thing: “We’re committed to driving value for our shareholders…through partnerships with best-in-class digital asset leaders like Bitgo.” He’s all about institutional-grade infrastructure. We get it, Kevin. No one likes a half-baked digital treasury. 🏦✨
“Vivopower will exclusively leverage Bitgo for both trading and holding its XRP. Because, obviously, nothing says ‘trust’ like a 24/7/365 desk.” 🙄
And if you think Bitgo CEO Mike Belshe is just standing by, twiddling his thumbs, think again. He’s ready to jump on the institutional momentum train, stating: “Vivopower’s commitment is a testament to the growing institutional momentum in digital assets.” Sure, Mike, sure. The crypto market is just *full* of stability and regulation. No worries there. 💼📈
“We’re proud to provide a comprehensive platform for companies like Vivopower to step into the digital asset space…with confidence.” Sure, as long as no one checks the volatility charts! 😉
Vivopower has grand plans to support decentralized finance (DeFi) infrastructure and real-world blockchain applications. But, hey, who’s counting the potential risks of crypto volatility and regulation? Not Vivopower, it seems. They’re too busy reimagining the future of finance with a little help from their new best friend, Bitgo. 🚀💥
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2025-06-03 03:57