BitGo Becomes VivoPower 100 million USD XRP Treasury Strategic Service Provider
2025-06-03 12:56:54
According to FinanceFeeds, BitGo has entered into a strategic partnership with VivoPower International to become the exclusive trading and custody provider for the latter's initial $100 million XRP acquisition. VivoPower raised $121 million in funding to support this new strategic direction and selected BitGo as its exclusive custodian, eyeing its institutional-grade cold storage and deep liquidity execution capabilities. VivoPower plans to build a long-term financial strategy around XRP, leveraging its liquidity benefits, low-cost trading, and DeFi application integration. BitGo will provide execution and custody services through its 24/7 over the counter, supporting block trading.
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