Summary
- Vivopower announced that it has raised $120 million to strengthen its digital asset financial strategy centered on XRP.
- The funding was led by a Saudi Arabian prince, with former XRP executive Adam Traidman joining as the chairman of the advisory board.
- Vivopower emphasized its goal of becoming the world's first XRP-centric listed company.
According to cryptocurrency media outlet CoinDesk on the 28th (local time), U.S. Nasdaq-listed energy solutions company Vivopower has raised $120 million through a private stock offering to focus on a digital asset financial strategy centered around XRP.
This funding was led by Saudi Arabia's Prince Abdulaziz bin Turki Al Saud, with former XRP executive Adam Traidman joining as the chairman of the advisory board.
Vivopower aims to become the world's first XRP-centric listed company.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
