VivoPower International, Flare Partner to Generate Yield on $100M in XRP

VivoPower International (NASDAQ:VVPR) is one of the best-performing NASDAQ stocks according to analysts. On June 11, VivoPower announced a definitive partnership with Flare. The collaboration aims to generate yield on VivoPower’s digital assets, beginning with an initial deployment of $100 million in XRP. The move serves as a validation of the XRP ecosystem’s utility for institutional treasury management.

The XRP ecosystem is a digital payment network built around the XRP Ledger/XRPL. VivoPower will generate yield through protocols on the Flare Network, such as Firelight, and will reinvest this income directly back into XRP holdings.

VivoPower International, Flare Partner to Generate Yield on $100M in XRP

A technician inspecting a modern battery cell.

The partnership also delivers the first institutional-scale validation of Flare’s FAssets system, which establishes it as a programmable utility layer for the XRP ecosystem. FAssets is a non-custodial protocol that allows XRP to be used in smart contract applications while preserving its native security model.

VivoPower International (NASDAQ:VVPR) provides energy solutions for customized & ruggedized fleet applications, battery & microgrids, and solar and critical power technology & services. Flare is a next-gen Layer 1 blockchain designed to connect decentralized systems with real-world utility through secure and data-rich interoperability.

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Disclosure: None. This article is originally published at Insider Monkey.