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VivoPower Partners with BitGo for $100M Investment in XRP to Enhance Digital Asset Strategy.

Jun 03, 2025about 1 year ago

Contract Type

partnership

EindhovenEvents

Description

VivoPower has announced a $100 million investment in XRP, making it the first Nasdaq-listed company to do so. This partnership with BitGo aims to improve the management of its XRP assets and promote its involvement in decentralized finance.

Company Information

Company

Tembo e-LV B.V

Location

Eindhoven, North Brabant, Netherlands

About

Tembo e-LV B.V. is a subsidiary of VivoPower focused on electric solutions for ruggedized fleet applications. They provide customized and sustainable energy solutions for both off-road and on-road vehicles. The company is linked with VivoPower's broader transformation into digital asset management. Specifics on their operational scope are not outlined in the text.

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