XRP gets 121 million USD institutional boost from Nasdaq-listed firm’s bet

VivoPower is prepared to invest 121 million USD in XRP tokens to establish itself as a leader in digital assets focused on XRP. This move comes alongside other significant investments, reflecting institutional confidence despite ongoing market challenges.

Current market sentiment for XRP is mixed, impacted by the SEC lawsuit against Ripple and recent trading data indicating bearish pressure. Nonetheless, interest from firms like VivoPower suggests potential for future growth as XRP seeks treasury asset status.

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