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VivoPower, an Australian public company, is making waves in the crypto space by deploying $100 million in XRP on the Flare network to generate yield. This strategic move leverages Flare’s FAssets system, enabling institutional DeFi access for XRP. The initiative marks a significant shift for VivoPower, previously known for its energy and infrastructure portfolio.
- VivoPower’s $100M XRP deployment on Flare aims to create a compounding yield strategy, reinvesting returns to grow reserves.
- Flare’s FAssets system bridges XRP—a non-smart contract token—into DeFi, with institutional adoption validating its infrastructure.
- Recent Flare partnerships (Uphold, Ankr) and upgrades (FAssets 1.1) signal growing momentum for XRP’s DeFi utility.
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