Well, well, well, look who’s back in the headlines – Donald Trump! And no, he didn’t just tweet about fast food or start a reality show. This time, it’s something far more… unexpected. The crypto world is buzzing about a $121 million XRP-backed treasury deal, and you won’t believe who’s pulling the strings behind the curtain.
VivoPower International, an energy company you’ve probably never heard of unless you’re a crypto enthusiast, just raised a whopping $121 million in a private share placement. Their bold new venture? A digital asset treasury strategy centered around none other than XRP. And who led this mysterious funding? None other than Prince Abdulaziz bin Turki Al Saud, the Saudi Arabian investor with a knack for digital assets and a special love affair with XRP.
But hold your horses! The plot thickens. In a twist no one saw coming, the Saudi prince revealed that during a recent visit to Saudi Arabia, he and his team had a cozy little meeting with none other than President Donald Trump and his entourage. According to the prince, the talks went so well that they realized the time was ripe for the Kingdom to dive headfirst into digital assets and blockchain. Guess what happened next? Boom – the XRP-focused treasury strategy was born!
And don’t even think about rolling your eyes. VivoPower is setting itself up to be the first publicly traded company to officially hold XRP as part of its treasury reserves. Who needs old-school stocks when you can have some shiny new crypto on your balance sheet, right?
BREAKING: The Saudi Prince (per his own quote) met with President Trump and decided the timing was right for an $XRP-focused public company!
THIS IS MASSIVE NEWS FOR XRP!
— Good Morning Crypto (@AbsGMCrypto) May 28, 2025
But wait, there’s more! Adam Traidman, the former SBI Ripple Asia executive, has jumped on board as chairman of VivoPower’s advisory board. And guess what? Brad Garlinghouse, CEO of Ripple, practically gave the deal a standing ovation, calling it a huge leap forward for the XRP ecosystem. Can you feel the excitement in the air? It’s practically electric!
So, what does this all mean? For XRP holders, it’s a glimmer of hope that digital assets are finally making their way into the mainstream. While the direct involvement of Trump remains unclear, it’s pretty obvious that this meeting between the prince and the President might have kicked things into high gear.
For those clinging to XRP like it’s the last lifeboat on a sinking ship, this news is like a shot of adrenaline straight to the heart. As more institutions and governments embrace digital assets, XRP seems to be clawing its way back into the spotlight. Hold on tight, folks – this rollercoaster is just getting started.
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2025-05-29 06:07