VivoPower Worldwide’s evolving “digital asset treasury” blueprint took middle stage in New York this week. That’s as a result of Adam Treidman, the corporate’s advisory board chairman and former Ripple board member, has sketched out a method he calls “DAT 2.0” or “anti-DAT” to build up XRP at a deep low cost whereas concurrently extracting on-chain yield.
Talking on the XRP Meetup NYC forward of Ripple’s Swell convention, and in remarks shared through a clip from X’s Crypto Eri (@sentosumosaba), Tradesman claimed that the publicly traded “digital asset treasury firms” that boomed earlier this 12 months at the moment are buying and selling just like the growth and bust of mutual funds within the early 2000s.
“Within the final 60 days or so, we have truly seen some bankruptcies of digital asset treasury firms. A variety of shares are down 80%, 90%. It is harking back to what we noticed within the early 2000s…Initially, they had been buying and selling at a lot increased costs than their internet asset worth. After which they ended up fully collapsing. And people firms are now not publicly traded. To be fully sincere, the identical factor is occurring with DAT firms. Now.”
Based on a former @Ripple board member, DAT is collapsing.
VIVOPOWER is shopping for $XRP publicity at 84% off by buying @Ripple inventory.
With the brand new Ripple $40 billion valuation, the low cost on XRP is successfully 59% off.
Right here we clarify the VivoPower technique:… pic.twitter.com/ypSrGAgRsC
— 🌸Cryptoeri ~ Carpe Diem (@sentosumosaba) November 12, 2025
XRP Treasury Firm 2.0
The answer, he mentioned, is a second-generation mechanism that as a substitute of paying token spots, acquires the underlying publicity at a reduction. “What we’re doing at VivoPower, and what I am serious about going ahead, is this type of second-generation DAT. I name it a DAT 2.0 technique. Some folks name it an anti-DAT technique. It is not shopping for internet property at spot costs, however shopping for internet property at deep reductions.”
He used Bitcoin for instance how insane the “80% off” entry actually is. Mining might cut back the unit worth by 20-30%, however not 80%. “How can I purchase Bitcoin in the present day for 80% off? You possibly can’t do this… You may mine it… Then you definitely may get it at 20%, 30% off by mining… However how on earth do you get it at 80% off?”
For VivoPower, the reply has to do with Ripple. As Treidman notes, there’s a distinctive connection between non-public firms and crypto property, making it attainable to earn reductions by company financing buildings fairly than by alternate purchases. “There are 25 million cryptocurrencies on coinmarketcap.com. Just one is tied to a non-public firm that’s considerably undervalued by way of inventory worth. That is XRP, due to Ripple, proper? And that is the chance we’re capitalizing on.”
That is the central order of operation in his assertion. First, it obtains XRP publicity at a claimed “84% off” by a mechanism centered round Ripple inventory and related look-through economics. The ensuing XRP is then operated on the yield community. Flare is explicitly within the second step. “And we’re working with companions like Flare to generate income from these XRP property. So that you’re basically shopping for XRP at 84% off and investing it in a community like Flare to generate income.”
Tradesman additionally famous why the mannequin doesn’t depend on markets assigning premiums to working firms, highlighting the sequence of first low cost acquisitions associated to Ripple after which yield technology by flaring. “So this is sort of a DAT 1.0 plus a 2.0 technique, proper? So firms on this mannequin do not even must commerce at a premium to MNAV, like Saylor’s MicroStrategy, as a result of by default they’re worthwhile from day one. T plus one second, each greenback invested in us earns a forex return, proper? It’s only obtainable if you should buy the web value at a reduction.”
On the time of writing, XRP was buying and selling at $2.44.
Featured picture created with DALL.E, chart on TradingView.com
