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VivoPower Partners with BitGo for $100M Investment in XRP to Enhance Digital Asset Strategy.
Jun 03, 2025•about 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.