VivoPower Is Accumulating XRP Exposure At 84% Off: Here’s How
VivoPower International’s evolving “digital asset treasury” blueprint took center stage in New York this week as Adam Traidman, the company’s Chairman of the Board of Advisors and a former Ripple board member, sketched out what he called a “DAT 2.0” or “anti-DAT” playbook to accumulate XRP at a steep discount while simultaneously extracting on-chain yield. Speaking at the XRP Meetup NYC in the run-up to Ripple’s Swell conference—and in remarks shared via a clip by Crypto Eri (@sentosumosaba) on X—Traidman argued that the publicly listed “digital asset treasury companies” which ran hot....
Related News
VivoPower International, a Nasdaq-listed B-Corp now pivoting to an XRP-centric treasury, said on September 16 it has structured its mining and treasury operations so that it can acquire the token “at up to a 65% discount” to prevailing market prices—by mining other proof-of-work assets and swapping those mined tokens. VivoPower Doubles Down On XRP The […]
Nasdaq-listed VivoPower International PLC has secured a $121 million Regulation S private placement that will fund what it calls the world’s first publicly traded XRP-centric corporate treasury, a move spearheaded by His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud, whose Eleventh Holding Company committed roughly $100 million to the round. VivoPower Bets On […]
Altcoin season is upon us, and there’s no better indicator of this than Ethereum beginning to gain against Bitcoin on the duo’s trading pair against one another. The ratio between the two represents the ongoing battle between the two for cryptocurrency market share. Right now, Bitcoin remains king. But growing institutional interest in Ethereum exposure, […]
VivoPower International’s electric-vehicle arm, Tembo, will start accepting Ripple USD (RLUSD) for payments, a move that could change how the company handles cross-border deals, a press release confirmed. Related Reading: Bitcoin Stash Grows: Metaplanet Now Holds 20,136 BTC After $15M Buy According to the company, the stablecoin will be used to speed up payments and […]
Ethereum’s price has fallen below $3,400 for the first time since August, but large investors appear to have turned this correction into a buying opportunity. Data shows that whales have been accumulating vast amounts of ETH within a short window. The accumulation coincides with Ethereum recording a new network throughput milestone, which adds further strength […]