VivoPower International, a sustainable energy firm listed on Nasdaq, has announced a strategic partnership with Crypto.com to optimize its digital asset management strategy.
Enhancing Asset Custody Through Crypto.com Partnership
The collaboration with Crypto.com aims to enhance asset custody for VivoPower’s treasury and its subsidiary Caret’s digital asset mining operations. Crypto.com will provide institutional-grade solutions, ensuring improved asset security.
Partnership to Boost Equity Liquidity
The partnership is expected to enhance VivoPower’s global equity liquidity by expanding access through Crypto.com’s platform. Increased liquidity may also benefit XRP holders, enabling greater participation in DeFi operations.
Integration of Digital and Traditional Markets
Similar partnerships, such as between Coinbase and BlackRock, have historically led to increased institutional inflows and improved connectivity. Eric Anziani, President & COO of Crypto.com, noted: "Crypto.com was purpose-built for today and tomorrow’s market – being able to provide institutions a most comprehensive, safe and secure crypto platform for acquiring and managing digital assets."
The partnership between VivoPower and Crypto.com aims for a substantial improvement in digital asset management strategies, highlighting the growing importance of integrating digital and traditional financial systems.
