VivoPower to deploy an initial US$30 million of XRP with Doppler
VivoPower’s yield strategy creates a regenerative loop—yields earned on deployed XRP are systematically reinvested back into the Company’s reserves, compounding long-term value for shareholders
Doppler Finance is a yield generation protocol built on the XRP Ledger and backed by ReForge, Digital Currency Group (DCG), and other Ripple-affiliated entities
South Korea holds US$30 billion of XRP circulating supply, representing 20% of the global total1
VivoPower International PLC, a publicly traded company listed on NASDAQ with an XRP-centric treasury strategy, announced a definitive agreement with Doppler Finance that is aimed at unlocking institutional-grade yield opportunities for its XRP holdings. As part of the agreement, VivoPower intends to deploy on a staged basis an initial pilot tranche of US$30 million to generate yield on XRP treasury holdings and believes that the Doppler Finance platform can grow in excess of US$200 million.
Unlike traditional treasury management, this initiative is designed around a regenerative loop: yields earned on deployed XRP will be systematically reinvested back into VivoPower reserves, which should generate compounding long-term value for shareholders.
Read More: SalesStarTechStar Interview with Arnaud Lagarde, VP of Sales at ABBYY
Rox Park, Head of Korea at Doppler Finance, said: “We are proud to have signed this definitive partnership agreement with VivoPower and look forward to working closely with them as they build out their digital asset treasury and decentralized finance solutions strategy in South Korea. We are confident that our platform will be able to deliver on their yield enhancement objectives with regards to XRP, and in the future, the RLUSD stablecoin as well.”
Kevin Chin, Executive Chairman and CEO of VivoPower, said: “We are very pleased to have entered this partnership with Doppler Finance, which has rapidly become a leader in the South Korean XRP ecosystem. By harnessing Doppler Finance’s programmable infrastructure, we can put reserves to work while retaining XRP as our cornerstone treasury asset. With an estimated 20% of the circulating supply totaling $30 billion of XRP held in South Korea, it is strategically a very important market for our overall digital asset treasury and decentralized finance (DeFi) solutions strategy. The partnership with Doppler Finance also provides a platform for us to participate and contribute to the growth of the ecosystem in South Korea, particularly in areas such as payment remittances via stablecoins, real-world asset tokenization, and DeFi lending.”
