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VivoPower, the first public company with an XRP-focused treasury, raised $19M at $6.05 per share to bolster its strategy. Initially set to buy XRP and invest in DeFi on the XRPL, VivoPower pivoted to acquiring $100M in Ripple shares, gaining indirect exposure to 211M XRP tokens at a steep discount. As companies like Trident Digital and Webus adopt XRP treasuries, is this a savvy play or a risk in a bear market?
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