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BitGo Enters Strategic Partnership with VivoPower to Facilitate Its Initial $100 Million XRP Acquisition for Treasury Strategy

  • Saudi prince Abdulaziz bin Turki Al Saud is acquiring $100 million worth of XRP through a strategic partnership in 2025.
  • This acquisition follows VivoPower’s shift to an XRP-focused treasury strategy and its partnership with BitGo for secure custody and trading.
  • BitGo offers robust multi-signature protection, adherence to regulatory standards, sophisticated treasury solutions, and exclusive access to OTC trading services to support this transaction.
  • VivoPower and BitGo’s collaboration enables a discreet and compliant execution of the $100 million XRP acquisition to integrate digital assets in treasury portfolios.
  • This move signals growing institutional and sovereign interest in digital assets, marking a significant step toward cryptocurrency adoption in corporate treasury strategies.
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Morning Sun broke the news in Pittsburg, United States on Monday, June 2, 2025.
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