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Crypto.com and VivoPower Create Alliance for XRP-Centric Business Development

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by Giorgi Kostiuk

12 hours ago

Crypto.com and VivoPower International PLC have announced the formation of a strategic alliance aimed at transforming VivoPower into an XRP-centric digital asset enterprise.

Agreement Overview

Crypto.com will provide VivoPower with institutional-grade custody services for its expanding digital asset treasury, thereby supporting the company's long-term blockchain growth strategy.

Key Aspects of the Partnership

The partnership will enable VivoPower to securely store and manage its digital assets and also trade its shares on Crypto.com's platform. This collaboration grants VivoPower access to over 150 million registered users of Crypto.com.

Scope and Prospects for VivoPower

VivoPower aims to become the world's first full-scale digital asset enterprise focused on XRP. The company plans to build a diversified XRP treasury and support DeFi infrastructure, enhancing the utility of the XRP Ledger.

The strategic partnership between Crypto.com and VivoPower opens up numerous opportunities for digital assets and VivoPower's ambitions in blockchain technology, potentially impacting the cryptocurrency market and investments in this sector.

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