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Custody Giant BitGo Partners with VivoPower for XRP Financial Strategy

2025/06/03 11:42 (Updated 2025/06/04 05:01)
CoinPost
Written by A.Yamada
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Custody Giant BitGo Partners with VivoPower for XRP Financial Strategy

Partnership Focused on XRP Strategy

On the 2nd, US-based leading cryptocurrency custody firm BitGo announced its partnership with VivoPower International, which specializes in XRP financial strategies. VivoPower, a Nasdaq-listed renewable energy company, had announced at the end of May that it raised $121 million (approximately 17.2 billion yen) to initiate its XRP financial strategy. The funds raised are intended for the purchase and custody of XRP, tax operations, investment in and development support for the DeFi (Decentralized Finance) ecosystem on the XRP ledger (XRPL), and for repaying existing debt and working capital.

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.