VivoPower’s $300M Ripple Deal: Get Ready for XRP Shenanigans! 💰🚀

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Markets

What to know:

  • VivoPower is hitching its wagon to Lean Ventures to snag some Ripple Labs shares, giving investors a backstage pass to nearly $1 billion in XRP-because who doesn’t love a good rollercoaster ride? 🎢
  • This power couple aims to raise $300 million in Ripple equity for fancy institutional and “qualified” retail investors in South Korea. You know, the ones with the secret handshake. 🤝
  • VivoPower plans to rake in $75 million over three years from management fees and performance carry-without even breaking a sweat or touching its own cash. Talk about a power move! 💪

So, Nasdaq-listed VivoPower (VVPR) is looking to expand its XRP-linked escapades through this new joint venture. They’re after hundreds of millions of dollars in Ripple Labs shares, which gives investors a wild ride on the XRP express! 🚂💨

According to a Tuesday release that’s probably more exciting than your morning coffee, Vivo’s digital asset unit, Vivo Federation, has teamed up with South Korean asset manager Lean Ventures to hunt down that initial $300 million of Ripple Labs gold. 🤑

And get this: based on current XRP prices, they think their stake is roughly 450 million XRP tokens, valued at about $900 million. That’s a lot of zeros, my friends! 😲

But wait, there’s a plot twist! Rather than buying XRP directly, Lean Ventures is creating a dedicated investment vehicle to hold those Ripple Labs shares sourced by Vivo Federation. They’re targeting institutional and “qualified” retail investors in South Korea, which is basically XRP’s VIP lounge. 🎟️

VivoPower says it’s got the green light from Ripple to grab an initial chunk of preferred shares and is working on snagging more from other institutional big shots. But when CoinDesk asked for more details, they were like, “Sorry, can’t spill the beans on market-sensitive gossip.” 🙊

A Ripple rep also played coy, saying they couldn’t comment on this hot topic as of Thursday. Must be a game of corporate telephone! 📞

So, what’s the bottom line? VivoPower isn’t risking its own cash but is eyeing $75 million in net economic returns over three years if they hit that $300 million target. Easy peasy, right? 🍋

This whole arrangement builds on VivoPower’s recent pivot toward an XRP-centric treasury strategy. Earlier this year, they raised $121 million in a private placement led by Saudi investor Abdulaziz bin Turki Abdulaziz Al Saud. Talk about making connections! 🌍

VivoPower is already putting XRP to work in yield-generating strategies, including a $100 million allocation through Flare’s FAssets system. Oh, and they’ve adopted Ripple’s RLUSD stablecoin for treasury operations. Because why not add another layer to the financial lasagna? 🍝

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2025-12-18 08:04