- VivoPower is deploying $100 million in XRP on Flare to generate yield and grow its crypto reserves.
- Flare’s FAssets system enables institutional DeFi access for XRP, with new upgrades enhancing usability and security.
The surprising move comes from VivoPower, an Australian public company that was previously better known for its energy and infrastructure portfolio. Now, they’re diving deeper into the crypto space by announcing plans to deploy $100 million in XRP on the Flare network.
But wait, this isn’t just about sitting back and holding onto their XRP. They want to put the asset to work—put it to work, generate returns, and grow through Flare’s DeFi features like FAssets, Firelight, and a regulated yield system.
NASDAQ-listed @Vivo_Power is deploying $100M in XRP on @FlareNetworks
Ripple & XRP Ledger built the enterprise-grade foundation, Flare now adds the DeFi layer: FAssets, Firelight & compliant yield.
Earn yield → More XRP treasury → Redeploy
Institutional XRP hits DeFi #XRPFi pic.twitter.com/c9GEXJdJ6t
— Flare ☀️ (@FlareNetworks) June 11, 2025
Turning XRP Into a Compounding Machine for the Real World
According to VivoPower CEO Kevin Chin, this isn’t just a run-of-the-mill strategy. He calls the approach a generative cycle that can create exponential growth. The yield generated from XRP will be directly reinvested to grow their reserves.
Simply put, their XRP is being made into an ‘asset compounding machine.’ Instead of just sitting there like a gold coin under your mattress, it’s being actively circulated through blockchain technology.
Furthermore, this plan is also a proving ground for Flare Networks. This is the first time their FAssets system has been used by an institutional entity. Flare itself has long prepared this infrastructure, so that tokens like XRP that do not have smart contracts can be used in the DeFi sector in a safe and regulated manner.
Flare Builds Momentum With New Tools and Partnerships
Interestingly, this announcement comes amid a number of other news indicating that Flare is increasingly actively strengthening its network. CNF previously reported that Flare is also working with Uphold to open access to XRP-based DeFi, using the same FAssets system.
Although the XRP staking feature is not yet active, Uphold users will soon be able to feel the benefits in the near future. It can be said that Flare is setting a big stage for XRP to appear not as a ‘sleeping coin’, but an asset that can continue to work.
On the other hand, on June 3, Flare collaborated with Ankr—a blockchain infrastructure provider platform—to provide high-performance RPC services. This will make it easier for developers to build applications without having to bother managing their own nodes. Practical, efficient, and of course, very suitable for those who want to quickly step on the gas in the Flare ecosystem.
Not only that, Flare also updated their Songbird testnet version on May 14. FAssets version 1.1 now features a “Core Vault” feature designed to make the FXRP minting process more efficient and collateral control tighter. So, in addition to making it easier, it also provides more security for DeFi users who want to utilize their XRP.
If you think about it, this approach is somewhat reminiscent of a company’s cash management strategy – similar to someone who saves money in an interest-bearing deposit, but the sophisticated version. The difference is, here XRP is used as a tool that is not only stored, but activated, rotated, and maximized for its earning potential through the blockchain mechanism.
With all this, it is natural that many parties are starting to see XRP in a different perspective. Previously labeled “less interesting” because of its minimal DeFi utility, now it is starting to be treated like a productive investment tool.
Besides that, as of press time, FLR is trading at about $0.01918, up 4.14% over the last 24 hours, with daily trading volume at about $9.79 million.
