VivoPower to Swap Mined Tokens for XRP at 65% Discount

TheCryptoTimesPublished on 2025-09-17Last updated on 2025-09-17

VivoPower International PLC, a NASDAQ-listed company with an XRP-focused treasury strategy, announced on Tuesday that its digital asset mining unit, Caret Digital, has secured bulk discounts on additional mining rigs to expand its proof-of-work mining operations. 

The company will convert mined tokens into XRP, with an effective 65% discount based on current market prices, strengthening its position in the digital asset market.

According to the press release, VivoPower will keep converting mined tokens into XRP to build its holdings at the lowest possible average cost, as part of its two-part financial strategy. This approach combines token swapping from mining activities with strategic purchases of Ripple Lab shares, with asset allocation dynamically managed as part of its portfolio strategy. 

XRP is currently priced at $3.03, accompanied by a 24-hour trading volume of $4.85 billion and a market capitalization of $181.43 billion, according to CoinMarketCap. 

VivoPower enhances XRP treasury with strategic investments

The company’s strategy is supported by a $121 million private placement into XRP led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud, with former Ripple board member Adam Traidman as advisory board chairman. On June 2, 2025, BitGo also teamed up with VivoPower to oversee the company’s purchase of $100 million worth of XRP.

Further, on June 11, 2025, the firm announced a partnership with Flare to use $100 million worth of XRP to generate yield on its treasury holdings. VivoPower took this initiative as a part of its new plan to focus on XRP for its financial strategy.

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The overarching goal of XRP 2.0 is to establish itself as a reliable and efficient platform enabling swift transaction execution while prioritizing enhanced privacy protections for its users. The project is promoted as a solution to many limitations faced by existing cryptocurrencies, proposing a system that can handle a higher volume of transactions with improved speed and privacy. This versatility positions XRP 2.0 as a significant contender in a marketplace riddled with various digital currencies. Who is the Creator of XRP 2.0? The identity of the creator behind XRP 2.0 has been flagged as ‘Wilbur.’ However, comprehensive details regarding Wilbur or their associated entity remain elusive. The anonymity of many cryptocurrency creators is not an uncommon phenomenon in the industry, often designed to maintain a degree of privacy and security. Who are the Investors of XRP 2.0? As of now, specific information related to the investment foundations or organizations supporting XRP 2.0 is not publicly available. In the cryptocurrency sector, the backing by reputed investors can significantly influence a project's credibility and success, yet the transparency regarding the financial supporters of XRP 2.0 has not been established. How Does XRP 2.0 Work? XRP 2.0 stands out by employing a combination of blockchain technology and advanced encryption algorithms that ensures secure and decentralized transactions. Its innovative structure includes unique features designed to foster user engagement and broaden functionalities beyond conventional cryptocurrency transactions. Among these features, XRP 2.0 incorporates AI-powered capabilities, such as text-to-image and text-to-speech functionalities. These additions are designed to enhance the interactive experience for users, promoting broader applicability across various sectors. By bridging technological advancements with user-centered design, XRP 2.0 aims to capture the attention of a diverse range of individuals and enterprises looking to integrate cryptocurrency solutions into their operational frameworks. Timeline of XRP 2.0 Understanding XRP 2.0 requires examining the milestones that have defined its journey thus far: July 23, 2023: XRP 2.0 is introduced as a novel cryptocurrency project, aiming to revolutionize secure and decentralized transaction capabilities in the blockchain domain. September 8, 2023: The launching of another project, XRP20, occurs, marking the emergence of an ERC-20 token on the Ethereum blockchain that remains unrelated to XRP 2.0. November 13, 2023: The XRP Ledger undergoes a significant update with the release of rippled server software version 2.0.0. It is essential to note that this development is disconnected from the XRP 2.0 cryptocurrency project. 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What is XRP 2.0

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