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29 May 2025, 16:56
Donald Trump Effect Brings XRP to Limelight
In a groundbreaking development, VivoPower International PLC, a Nasdaq-listed firm, has made headlines by unveiling what’s believed to be the world’s first XRP-centric crypto treasury strategy among publicly traded companies. This bold move signals a transformative moment for institutional adoption of XRP and shines a fresh spotlight on the digital asset, thanks in part to recent high-level connections involving U.S. President Donald Trump. VivoPower recently completed a $121 million private placement, led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia . The shares were priced at $6.05, notably above their last Nasdaq close, reflecting strong investor confidence. According to the company’s announcement, the funds will be deployed to purchase and hold XRP, establish a dedicated digital asset treasury, accelerate the formation of a decentralized finance (DeFi) team, pay down corporate debt, and expand blockchain-related operations. Royal Backing and Strategic Trump Talks Boost Confidence What makes this deal particularly striking is its political and royal backdrop. Prince Abdulaziz, a long-time XRP supporter, recently met with President Trump and his team during Trump’s visit to Saudi Arabia. This meeting coincides with growing chatter around Trump’s proposed United States Digital Asset Stockpile, in which XRP is rumored to be one of the five core assets under consideration. Prince Abdulaziz expressed firm belief in VivoPower’s mission, emphasizing the importance of expanding the XRP Ledger (XRPL) ecosystem and scaling real-world blockchain applications. He pointed to this moment as pivotal for advancing global digital asset infrastructure, particularly within Saudi Arabia, and sees VivoPower as a central player in that evolution. Ex-Ripple Board Member Joins the Charge Adding further momentum to VivoPower’s XRP pivot, Adam Traidman, a former Ripple board member, has stepped in as chairman of VivoPower’s Board of Advisors. Notably, Traidman also participated in the investment round, signaling his strong confidence in the company’s vision. Traidman described the move as a visionary step that underscores the increasing institutional belief in XRPL’s capacity to deliver meaningful financial solutions. His involvement is expected to reinforce VivoPower’s integration of XRP into its operational and financial systems, paving the way for deeper blockchain integration across its business lines. Spin-offs and Global Expansion Plans VivoPower’s strategic shift is not limited to XRP adoption alone; it’s part of a larger corporate transformation. The company is preparing to spin off two of its major subsidiaries: Tembo, its electric vehicle arm, and Caret Digital, a power-to-X digital mining unit. According to Executive Chairman Kevin Chin, both spin-offs are on track for completion by the third quarter of 2025. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Chin highlighted how leveraging XRP could help resolve longstanding global payment challenges, particularly those encountered across VivoPower’s international footprint. Additionally, ongoing negotiations with Energi Holdings regarding a takeover bid for Tembo remain active, signaling continued strategic activity around the firm’s core assets. Rising Institutional Interest in XRP VivoPower’s bold XRP-centric strategy echoes a broader institutional shift toward the digital asset. Earlier this month, Wellgistics Health secured a $50 million credit line to integrate XRP as a reserve asset and a central element of its real-time payments framework, making it one of the first publicly traded healthcare companies to take such a step. Meanwhile, companies like Worksport have also hinted at intentions to use XRP as part of their reserve strategies. This wave of corporate adoption underlines the growing confidence in XRP’s potential as a long-term institutional asset. With high-profile figures like Prince Abdulaziz and advisors like Traidman at the forefront, and a political tailwind from figures like Trump, XRP is rapidly moving from the sidelines into the financial mainstream. As the “ Trump effect ” propels XRP into the limelight, the world watches closely to see just how far this surge of institutional momentum can carry the payments-focused token. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Donald Trump Effect Brings XRP to Limelight appeared first on Times Tabloid .
29 May 2025, 16:55
JPMorgan Chase Fined $566,082 for Allegedly Failing To Respond to Regulator During Energy Crisis
France’s energy regulator is penalizing the German unit of global financial services firm JPMorgan Chase for failing to provide sufficient information to a power market survey related to soaring electricity prices. In a statement, the French Energy Regulatory Commission (CRE) says it sought to question 44 market participants to understand the causes of the unprecedented increase in electricity prices, which spiked in 2022. The CRE says that 43 participants responded to requests for information, but J.P. Morgan SE (JPMSE) refused to share some information, particularly those related to the identity of the company’s counterparties and customers that engaged in transactions related to the subject of the survey. JPMSE reasoned that the French regulator does not have the power to make binding requests to market players based in other European Union member states. In response, the CRE says it conducted an investigation and found the firm violated a law that entitles the regulator to collect information from companies operating in the French electricity market. The CRE’s Disputes and Sanctions Settlement Committee (CoRDiS) is now sanctioning JMPSE with a €500,000 ($567,500) fine. “This is the first decision of the CoRDiS concerning a breach of the obligation to communicate information necessary for the fulfillment of the CRE’s missions.” At time of publishing, JPMorgan Chase has not issued a public comment addressing the fine. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post JPMorgan Chase Fined $566,082 for Allegedly Failing To Respond to Regulator During Energy Crisis appeared first on The Daily Hodl .
29 May 2025, 16:39
Saudi Prince: We Are Long-Term XRP Holders
In a powerful revelation that underscores the deepening global confidence in XRP, Prince Abdulaziz bin Turki Abdulaziz Al Saud has publicly confirmed that his family has been a long-term holder of the digital asset. The news, highlighted by Vandell of Black Swan Capitalist on X, comes on the heels of a monumental $121 million investment led by the prince to transform VivoPower International PLC, a Nasdaq-listed company, into the world’s first XRP-focused digital asset firm. For years, Vandell and analyst Versan have referenced the Saudi royal family’s quiet interest in XRP, but this announcement marks the first time that connection has been confirmed so openly. The recent investment signals a pivotal moment not just for VivoPower but for XRP’s institutional trajectory on the global stage. Remember the Saudi royal family, Prince & XRP? Something Versan & I mentioned a few times for years. Well, Prince Abdulaziz led a $121M investment to transform VivoPower, a public company, into the first XRP-focused digital asset firm. They've officially announced their… — Vandell | Black Swan Capitalist (@vandell33) May 29, 2025 Transforming VivoPower Into an XRP Powerhouse The investment led by Prince Abdulaziz will establish a dedicated XRP-based digital asset treasury within VivoPower. This bold strategy positions the company as a trailblazer among publicly traded firms, mirroring the high-profile Bitcoin treasury model pioneered by Strategy, but with a focused bet on XRP and the XRP Ledger (XRPL) ecosystem. In a formal statement, Prince Abdulaziz emphasized his family’s decade-long involvement in the digital asset space and, more specifically, their steadfast commitment to XRP. He explained that after assessing several public companies seeking to adopt a digital asset treasury model, VivoPower was chosen due to its targeted approach toward XRP and its clear mission to advance the XRPL ecosystem. A Decade of Royal Confidence in XRP Prince Abdulaziz’s remarks provide rare insight into the Saudi royal family’s investment philosophy regarding cryptocurrencies. While many global investors have focused on Bitcoin or Ethereum, the prince’s team has maintained a long-term XRP position, viewing the asset as uniquely positioned for real-world financial applications, particularly cross-border payments. This decade of quiet accumulation and strategic patience now aligns with VivoPower’s transformation, reinforcing the prince’s belief that the time is ripe to expand XRP’s global presence and leverage its network capabilities at scale. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Wave Builds Around XRP The prince’s backing of VivoPower reflects a growing institutional wave of interest in XRP that has gained momentum throughout 2025. Earlier this year, companies like Wellgistics Health announced plans to adopt XRP as part of their reserve asset strategies, while firms such as Worksport have explored similar moves. With Prince Abdulaziz’s formal involvement, the signal to global markets is clear: XRP is increasingly seen not just as a speculative token but as an institutional-grade asset with tangible utility. This high-profile endorsement from a Saudi royal amplifies XRP’s credibility in global finance circles, particularly in the Middle East, where sovereign wealth and state-backed capital could further accelerate adoption. XRP’s Future Shines Bright As XRP’s institutional story unfolds, Prince Abdulaziz’s bold statement reinforces the digital asset’s staying power and potential. The prince’s vision to use VivoPower as a vehicle to expand the XRPL ecosystem underscores the maturing landscape of blockchain finance and the pivotal role XRP aims to play in it. With royal backing, strategic alignment, and growing institutional conviction, XRP is poised to continue its evolution from a cross-border payments solution to a core building block in the next generation of financial infrastructure. As Vandell from Black Swan Capitalist rightly noted, the Saudi royal connection is no longer just speculation; it’s now front and center, marking a defining moment in XRP’s global journey. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Saudi Prince: We Are Long-Term XRP Holders appeared first on Times Tabloid .
29 May 2025, 16:35
New Hampshire Leads U.S. States with Bitcoin-Buying Bill Amid Growing National Debt Concerns
New Hampshire has made headlines by becoming the first U.S. state to pass a Bitcoin-buying bill, sparking a potential trend among other states. This groundbreaking legislation highlights growing concerns over
29 May 2025, 16:33
Tether-backed Bitcoin treasury firm Twenty One raises total financing to $685 million after second note sale
Tether-backed Bitcoin treasury firm Twenty One raises total financing to $685 million after second note sale $BTC #Bitcoin
29 May 2025, 16:14
Potential SOL Surge Anticipated as Treasury Firms Target $2 Billion in Capital Inflows
Recent trends in the Solana (SOL) market indicate a compelling potential for recovery as realized profits decline, suggesting reduced selling pressure. Major corporate treasuries are poised to invest approximately $2