Boom! BitGo Powers $100M XRP Bonanza for VivoPower

Hold onto your hats, folks! BitGo is fueling a colossal $100 million XRP splurge by the publicly traded titan, VivoPower International PLC. The news just dropped, and it's sizzling!

VivoPower Goes All-In on XRP

VivoPower isn't messing around—they're diving deep into the XRP pool, using BitGo's top-notch digital asset muscle to snag a cool $100 million in Ripple's crypto. The bombshell was dropped on June 2, 2025, and it's shaking up the scene!

Strategic Power Move with BitGo

BitGo and VivoPower? It's a match made in crypto heaven! They've teamed up, letting VivoPower, a Nasdaq big shot, buy and trade XRP through BitGo’s slick over-the-counter trading desk. Plus, VivoPower's stashing their XRP in BitGo's iron-clad custody solution. It's a power move, folks!

And guess what? Just days before this epic collab, VivoPower threw down another $121 million to beef up their digital asset war chest. They're not playing games!

Leaders Speak Out

Kevin Chin, VivoPower's fearless leader, is all in. "We're gunning to crank up value for our shareholders by building the ultimate digital asset strategy," Chin declared. "And we're doing it with the best in the biz—BitGo!"

Mike Belshe, the mastermind behind BitGo, is just as pumped. He says this partnership screams "VivoPower’s all about that digital asset life," riding the wave of institutions jumping into crypto with both feet.

BitGo's Growing Empire

BitGo's not new to this game. They're the go-to for institutions diving into digital assets, offering killer custody and trading solutions. Their OTC desk? It's the place for deep liquidity and high-volume trades, plus staking and financing. It's like the crypto Vegas!

Since hitting the scene in 2013, BitGo's been on a roll, snagging partnerships with the cream of the crypto crop—platforms, exchanges, and brands. And hey, they've got love for retail investors too.

Remember that global OTC crypto trading desk BitGo launched in February? It's got spot and derivatives trading that's turning heads. And they're not stopping there—a partnership with Copper unveiled a trading solution with off-exchange settlement on Deribit. Plus, they just got the green light from Germany's BaFin to expand across Europe. It's a global takeover!

Oh, and did we mention? BitGo's eyeing a public listing. Watch out, world!