PANews December 18 News, according to CoinDesk, Nasdaq-listed company VivoPower (stock code: VVPR) is expanding its Ripple-related strategy through a new joint venture, which aims to acquire billions of dollars worth of Ripple Labs shares, allowing investors to indirectly access nearly $1 billion worth of underlying XRP assets. The company stated in a Tuesday announcement that its digital asset division, Vivo Federation, has been authorized by Korean asset management firm Lean Ventures to preliminarily purchase $300 million worth of Ripple Labs equity.
Based on the current XRP price, VivoPower estimates that this equity represents approximately 450 million XRP tokens, valued at about $900 million. However, the structure does not involve direct purchase of XRP. Instead, Lean Ventures plans to establish a dedicated investment vehicle holding the Ripple Labs shares purchased by Vivo Federation, targeting institutional and qualified individual investors in Korea. VivoPower stated that it has received Ripple’s approval to purchase the initial preferred shares and is negotiating further acquisitions with existing institutional shareholders. Under this arrangement, VivoPower will not deploy its own balance sheet funds but will earn revenue through management fees and performance sharing. If the initial $300 million entrusted amount is achieved, the company aims to generate a net economic return of $75 million within three years.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Altcoin Gains Attention as XRP Supertrend Indicator Flips Bullish for First Time Since January
Ripple altcoin gains attention as XRP supertrend indicator flips bullish.
This is the first time it did so since January 2026.
Can the price of XRP surge and hit new ATH prices this year?
Even after all the excitement of a bull market and the disappointment of the bear market, some
CryptoNewsLand1h ago
Solana Now Supports WXRP, Enabling XRP Holders to Access Solana DeFi
Solana introduced WXRP, a bridged token equal to XRP, on April 18. Issued by Hex Trust and supported by LayerZero, WXRP allows XRP holders to engage in Solana's DeFi ecosystem while retaining their original assets. It is backed 1:1 by XRP and can be redeemed anytime.
GateNews3h ago
XRP ETFs Hit $1.5B Inflows After SEC Clarity Unlocks Demand
XRP ETFs attracted $1.5B in inflows without early outflows, driven by strong institutional demand following SEC clarity. New regulations sped up approvals, leading to increased institutional holdings as network activity and XRP adoption rose significantly.
CryptoFrontNews12h ago
XRP Price Clears $1.40 While Broader Downtrend Persists
XRP's recent rise above $1.40 indicates a shift in market behavior after a consolidation phase. While momentum indicators show improvement, the broader bearish trend persists, limiting upside potential. Sustained support is crucial for extending its recovery.
CryptoNewsLand15h ago
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand16h ago
XRP Price Near $1.45 as ETF Inflows Build Pressure
Key Insights
Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence.
XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max
CryptoNewsLand16h ago
