VivoPower turns XRP into yield-generating asset in Flare tie-up 37 seconds ago

cryptonews
06-11

VivoPower taps Flare to deploy $100M in XRP for institutional yield, pioneering the XRPFi standard for compliant corporate treasury management on blockchain.

According to a press release shared with crypto.news on June 11, global sustainable energy solutions company VivoPower International has partnered with layer-1 blockchain Flare to generate yield on its Ripple (XRP) holdings. The initiative begins with an initial deployment of $100 million through a scalable framework built on Flare’s native protocols.

The Nasdaq-listed company said this marks the first large-scale execution of its new corporate strategy to transition into an XRP-centric treasury operation. Backed by a consortium of global shareholders and advised by former senior Ripple executives in Asia, VivoPower aims to transform its digital asset holdings into a productive, yield-generating engine.

How VivoPower will generate yield on its XRP holdings

VivoPower stated that the initiative will be regenerative, allowing it to generate yield through Flare-native protocols, such as Firelight, and reinvest that income into its core XRP holdings to create a “perpetually compounding and capital-efficient” treasury.

The partnership pioneers the XRPFi standard, described in the statement as a “necessary evolution of DeFi” designed to meet the needs of institutional treasury management. This model is built on three key principles: sustainably generated yield, unwavering regulatory clarity, and asset-backed security.

VivoPower selected XRP as its core reserve asset due to its long-standing regulatory clarity, operational track record, and technical architecture well-suited for tokenized real-world assets. The company emphasized that these attributes make XRP the logical foundation for its digital treasury strategy.

Kevin Chin, Executive Chairman and CEO of VivoPower, noted that the company also plans to adopt Ripple’s stablecoin RLUSD as a primary cash-equivalent reserve to enhance the treasury’s stability and regulatory compliance.

For Flare, the partnership marks a pivotal moment in validating its growing ecosystem as an institutional-grade bridge for XRP utility. Flare’s FAssets system enables non-smart contract assets like XRP to enter programmable DeFi environments while retaining their native security models.

“Our FAssets system is a direct application of that core technology. It is more than just a bridge; it’s a gateway that allows institutions to bring assets like XRP into programmable DeFi environments to generate yield, all while retaining their fundamental security. What VivoPower is pioneering today is an open invitation for all institutions to build on this new utility layer,” Hugo Philion, Co-Founder of Flare.

Flare’s momentum has been underscored by strong liquidity growth. According to DeFiLlama, the network’s total value locked has surged nearly 460% in the past two months, rising from $29 million on April 1 to an all-time high of $162.14 million as of June 8.

Read more: Mercurity Fintech plans $800m Bitcoin reserve, Eyes Russell 2000 inclusion

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