TLDR:
- Vivopower secured $ 19 million through new share issues to $ 6.05, over its last closing market price.
- Funds will run the company’s XRP Digital Asset Treasury strategy and reduce outstanding debt obligations.
- The increase follows an earlier offer under the leadership of Prince Abdulaziz bin Turki bin Talal Al Saud.
- Shares were placed in long-term US and global institutional investors, which signaled investors’ support for XRP focus.
XRP has attracted traders and institutions, and the last step shows how the company’s interest is scaled up.
A Nasdaq-listed government debtcraft with a focus on XRP has raised millions through a share that offers priced across the market. This comes when traders debate whether the token can break the key levels and map a path to higher prize goals.
On the one hand, mappers look compression building. On the other hand, investors put real capital behind long -term investments.
Vivopower expands the XRP tax chamber by $ 19 million increase
Vivopower InternationalListed on Nasdaq, confirmed that it has raised $ 19 million through equity that offers priced at $ 6.05 per share.
Pricing came to a premium to its last market bin, according to one Emissions. The capital will support the company’s XRP Digital Asset Treasury strategy, focused on acquisitions, management and long-term holdings.
In addition, the company said that the increase is based on a previously announcement regulations led by Prince Abdulaziz bin Turki bin Talal Al Saud. Shares were placed with long -term institutional investors in the United States and abroad.
Vivopower stated that revenue would also be used to retire when expanding its digital asset focus.
The offer was made during a Registration statement Already explained effectively by Sec earlier this year. A final prospective related to the increase is available on the SEC website. The deal reflects sustainable interest from investors despite the volatility of crypto assets.
Wu Blockchain reported the deal as part of a growing trend with listed companies that build structured XRP holdings. Vivopower framed the move as scaling the balance sheet to digital assets while strengthening financial foot.
XRP -Price Goals Spark Trader Debate
While the institutions are assigned, the traders look carefully at the price charts. Analyst Coinskid wrote that XRP compresses near the top of a falling triangle.
He suggested that a breakout over the resistance could open a road to $ 4.13, while refusal can mean a reconsideration of lower support.
Another trader, egrag crypto, pointed out Fibonacci levels as key reference points. He suggested closing over $ 3.13 could drive XRP against $ 4.40. However, rejection at that level can see prices slip to $ 2.65 or even $ 2.40.
At the press time, XRP Price floats just under $ 3 to $ 2.98. The ripple token has increased by 1.81% over the past 24 hours and 5.51% over the past week. The daily trade volume is above $ 5.5 billion.
In other words, the market is divided. Traders focus on chart signals in the short term, while institutions such as Vivopower undertake long -term accumulation strategies. Both stories now converge whether XRP can maintain speed and keep higher ground.
The funding round shows that investors are willing to support XRP-focused Company at a premium. At the same time, traders weigh risk levels over technical settings. The balance in retail speculation and institutional strategy will determine the next feature of XRP.
