Bitgo concludes a strategic partnership with Vivopower to facilitate its initial acquisition of $ 100 million XRP for the Treasury Strategy – Cryptomod

Vivopower to take advantage of the best BitGO trade and guard platform to build a digital asset treasury strategy

New York – (Business Wire) –Bitgo, the main infrastructure provider of digital asset solutions, and Vivopower International PLC (Nasdaq: VVPR, “Vivopower”), a public negotiation company which recently announced a strategic partnership focused on XRP. Vivopower, having managed to collect $ 121 million, will operate Bitgo as an on -the -counter exclusive commercial office (OTC) to acquire XRP for its initial acquisition of $ 100 million of XRP tokens.

Vivopower will operate exclusively Bitgo for the trading of its XRP holdings via BitGo 24/7/365 OTC Trading Desk and holding its assets via the Bitgo Best Class Gard. As a result, Vivopower should benefit from Bitgo liquidity, robust execution capacities and secure cold storage infrastructure.

Kevin Chin, Chairman and Chief Executive Officer and Chief Executive Officer of Vivopower, said: “Vivopower is committed to leading the value of our shareholders by developing a digital digital cash strategy – a mission that we plan to accomplish thanks to partnerships with the best digital assets like Bitgo. Protect our treasure allocation. »»

Mike Belshe, CEO of Bitgo, said: “Vivopower's commitment to digital assets testifies to the creation of institutional momentum around our ecosystem. We are proud to provide the complete platform that companies like Vivopower need to enter the space of digital assets with confidence – from transparent execution to industry custody. ”

The partnership underlines the growing position of Bitgo not only as a guardian of trust, but also as a leading trading partner for institutions performing major trades in blocks. The Bitgo OTC office allows effective access to deep and global liquidity pools and the discreet execution of high volume trades, all in a secure and compliant environment.

Vivopower has filed a registration declaration (including a prospectus) with the Securities and Exchange Commission of the United States (the “dry”) for a public offer of its ordinary actions. Before investing in the public offer, you must read the prospectus in this registration declaration and other documents that Vivopower has filed with the SEC for more complete information on the issuer and the public offer. You can get these documents for free by visiting Edgar on the dry website www.sec.gov. Alternatively, Vivopower or Chardan, the investment agent of the public offer, will organize to send you the prospectus if you ask for it by sending it an e-mail to shareholders@vivopower.com or prospectus@chardan.com.

About Bitgo

BitGO is the main provider of digital asset solutions infrastructure, providing custody, portfolios, markup, negotiation, financing and regulation services from the storage of regulated cold. Since our foundation in 2013, we have focused on the authorization of our customers to sail safely in the digital asset space. With a large global presence through several regulated entities, Bitgo serves thousands of institutions, including many brands, exchanges and platforms of the industry, as well as millions of retail investors in the world. As an operational equipment for the digital economy, Bitgo manages a large part of Bitcoin network transactions and is the largest independent digital active caretaker and the world's ignition supplier. For more information, visit www.bitgo.com.

About Vivopower

Vivopower International PLC (Nasdaq: VVPR) undergoes a strategic transformation into the first digital asset company focused on XRP in the world. The new management of the company focuses on the acquisition, management and long -term detention of XRP digital assets as part of a diversified digital cash strategy. Thanks to this change, Vivopower aims to contribute to the growth and usefulness of the Grand Book XRP (XRPL) by supporting the decentralized finance infrastructure (DEFI) and the Blockchain Applications of the real world.

Originally founded in 2014 and listed on the Nasdaq since 2016, Vivopower works with a global imprint covering the United Kingdom, Australia, North America, Europe, the Middle East and Southeast Asia. Award -winning global energy solutions B Corporation, Vivopower has two commercial, Tembo and Digital Caret units. Tembo focuses on electrical solutions for personalized fleet applications and personalized roads as well as on financing, load, battery and auxiliary microoria solutions. Caret Digital is a power company with X focused on the highest and best use cases for renewable powers, including the exploitation of digital assets.

Prospective declarations

This communication includes certain declarations which may constitute “prospective declarations” for the ends of American federal laws on securities. Prospective declarations include, without limiting themselves, the declarations which refer to projections, forecasts or other characterizations of events or future circumstances, including the underlying hypotheses. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “wait”, “hear”, “can”, “could”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “do not mean” and that similar expressions can identify states at hand. Prospective declarations may include, for example, declarations on the realization of performance obstacles, or the advantages of events or transactions described in this communication and expected yields. These declarations are based on current expectations or beliefs of the management of Vivopower and are subject to risks, uncertainty and changes in circumstances. Real results may vary considerably from those expressed or involved in declarations due to changes in economic, commercial, competitive and / or regulatory factors, as well as other risks and uncertainties affecting the operation of Vivopower activities. These risks, uncertainties and possibilities include changes under commercial conditions, customer demand fluctuations, changes in accounting interpretations, rapid growth management, intensity of competition from other suppliers of products and services, changes under general economic conditions, geopolitical events and regulatory changes and other factors set out in Vivopower deposits with the United States. The information set out here must be read in the light of these risks. Vivopower has no obligation and expressly declines any obligation to update or modify his prospective declarations, whether following new information, future events, changes in assumptions or otherwise.

Contacts

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press@bitgo.com

Vivopower International PLC

media@vivopower.com