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VivoPower partners with Flare to deploy $100M in XRP for institutional yield

VivoPower partners with Flare to deploy $100M in XRP for institutional yield
Utkarsh Roshan
Jun 11, 2025, 08:11 AM
  • VivoPower has announced a definitive partnership with Flare to generate yield on its digital asset holdings.
  • The agreement represents a key milestone for institutional adoption within the expanding Flare ecosystem.
  • It also establishes the first major treasury management use case on the Flare network.

VivoPower (NASDAQ: VVPR), a publicly listed company pursuing an XRP-focused treasury strategy, has announced a definitive partnership with Flare to generate yield on its digital asset holdings.

The collaboration begins with a scalable framework for deploying VivoPower’s XRP holdings, starting with an initial phase valued at US$100 million.

This marks the first major implementation of the company’s revised corporate strategy and underscores the growing institutional utility of the XRP ecosystem.

The agreement represents a key milestone for institutional adoption within the expanding Flare ecosystem.

While Flare has already gained traction in the retail space through partners like Uphold—a global digital asset platform with over 10 million users and approximately US$7 billion in assets under reserve—VivoPower’s participation brings crucial institutional validation.

It also establishes the first major treasury management use case on the Flare network.

This partnership is also the first institutional-scale endorsement of Flare’s FAssets system, positioning it as a foundational programmable utility layer within the XRP ecosystem.

VivoPower’s strategy is designed to be regenerative, generating yield through Flare-based protocols such as Firelight, with all income reinvested back into its XRP holdings—enabling a compounding, capital-efficient treasury model.

Kevin Chin, Executive Chairman and CEO of VivoPower, said:

The company selected XRP as its core reserve asset based on what it described as the asset’s regulatory clarity and operational efficiency—factors it considers important for a publicly traded firm’s treasury operations.

The company noted XRP’s established track record and architecture as reasons it sees the asset as suitable for tokenized real-world assets (RWAs).

As part of its stated strategy to build a digital treasury aligned with the XRP ecosystem, VivoPower also announced plans to adopt Ripple’s upcoming RLUSD stablecoin as its primary cash-equivalent reserve.

The company said this move is intended to support stability and regulatory compliance across its treasury holdings.

The company selection of Flare was the result of a rigorous evaluation of its technology, which serves as a secure, institutional-grade bridge for XRP to the DeFi ecosystem.

Central to this is Flare’s FAssets system, a non-custodial protocol that enables XRP to be used in smart contract applications while preserving its native security model.