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Ripple’s native token, XRP, is making headlines again—this time due to a major strategic move by a corporate player and bold predictions from a prominent legal voice in the crypto space. In a significant development, renewable energy firm VivoPower has allocated $100 million into XRP, signaling a new era of altcoin adoption for corporate treasuries. The move has fueled speculation and enthusiasm within the crypto community, with attorney John Deaton suggesting that XRP exchange-traded funds (ETFs) are not just possible—but inevitable.
The investment comes as part of a newly declared partnership between VivoPower and BitGo, one of the leading crypto custody and trading platforms in the U.S. Following a successful $121 million fundraising round, VivoPower decided to diversify its corporate treasury by purchasing $100 million worth of XRP using BitGo’s exclusive over-the-counter (OTC) services. This marks one of the first large-scale XRP allocations by a public company, echoing the model previously pioneered by MicroStrategy with Bitcoin.
The move appears to be more than just a financial experiment. It represents a growing trend of corporations integrating digital assets into their financial strategies. Just as MicroStrategy’s Bitcoin accumulation strategy transformed how companies view balance sheet management, VivoPower’s XRP investment may be paving the way for altcoins to become mainstream treasury tools.
Reacting to the news, attorney and pro-XRP advocate John Deaton highlighted the broader implications of this move. According to Deaton, XRP’s entry into corporate treasuries is part of a predictable pattern following the success of Bitcoin Spot ETFs. He noted that after Bitcoin ETFs became some of the most successful ETF introduced in history, it was only a matter of time before Wall Street and institutional players began eyeing other digital assets for similar investment vehicles.
Deaton has long argued that XRP, along with other major altcoins like Ethereum (ETH) and Solana (SOL), would eventually follow Bitcoin’s path into ETF offerings. While skeptics questioned his view, the recent developments now appear to support his predictions. The logic, he says, is rooted in how the financial world operates: once a product proves lucrative, imitators flood in. In his view, the rise of XRP ETFs is not a matter of if, but when.
Moreover, Deaton pointed to a growing shift in corporate strategy. “What Michael Saylor did with Bitcoin isn’t a one-off; it’s a template,” he said. “Smart firms are watching and learning.” VivoPower’s public XRP acquisition could represent the beginning of a new wave of companies using altcoins like XRP as a store of value and hedge within their balance sheets.
However, Deaton was careful to clarify that he isn’t celebrating or endorsing the trend for its own sake. Rather, he views it as a natural consequence of financial markets being driven by profit motives. “Greed drives innovation,” he noted. According to him, these types of corporate decisions—and eventually ETF approvals—will always arrive before regulators or public perception catch up.
While the U.S. Securities and Exchange Commission (SEC) has yet to approve ETFs for altcoins like XRP, industry insiders believe it’s only a matter of time, particularly if investor interest continues to grow and institutional adoption gains pace. The success of Bitcoin ETFs has already opened the door. Now, with high-profile investments like VivoPower’s in play, the pressure is mounting.
XRP remains a controversial but resilient asset in the crypto ecosystem. After weathering lawsuits and regulatory headwinds, its resurgence—both in price action and institutional interest—signals a potential turning point for the token. With major players stepping in and legal voices like Deaton forecasting an ETF future, XRP could be on the verge of entering a new phase of mainstream financial acceptance.
