CoinEfficiency

BitGo and VivoPower Announce Strategic Partnership for XRP Treasury Management

BitGo and VivoPower partner to enhance XRP treasury solutions, leveraging BitGo's OTC trading and custody expertise for institutional-grade digital asset management.
Published on 2025-06-02

Strategic Partnership Overview

BitGo, a leader in digital asset infrastructure, and VivoPower International PLC, a publicly traded company transitioning into an XRP-focused treasury and DeFi solutions provider, have announced a strategic partnership. VivoPower, having raised $121 million, will use BitGo as its exclusive over-the-counter (OTC) trading desk to acquire $100 million in XRP tokens for its treasury.

Key Benefits of the Partnership

VivoPower will utilize BitGo’s 24/7/365 OTC trading desk for executing trades and BitGo’s best-in-class custody platform for secure asset storage. This collaboration enables VivoPower to tap into BitGo’s deep liquidity, robust execution capabilities, and industry-leading cold storage solutions.

Executive Insights

Kevin Chin, VivoPower’s Executive Chairman and CEO, emphasized the importance of partnering with BitGo to build a leading digital asset treasury strategy. He highlighted BitGo’s track record and institutional-grade infrastructure as key factors in the decision.

Mike Belshe, BitGo’s CEO, noted that VivoPower’s commitment to digital assets reflects growing institutional interest in the ecosystem. He expressed pride in providing a comprehensive platform for companies like VivoPower to enter the digital asset space confidently.

Institutional Momentum and Market Impact

The partnership underscores BitGo’s role as a trusted custodian and premier trading partner for institutions executing large block trades. BitGo’s OTC desk offers efficient access to global liquidity pools, enabling discreet and secure execution of high-volume trades.

VivoPower’s SEC Filing and Public Offering

VivoPower has filed a registration statement with the SEC for a public offering of its ordinary shares. Investors are encouraged to review the prospectus and other SEC filings for complete information about the issuer and the offering.

This partnership positions both companies at the forefront of institutional digital asset adoption, leveraging cutting-edge infrastructure to drive innovation and value in the XRP ecosystem.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.