CMC News

#VivoPower Eyes $900M Worth of $XRP via #Ripple Deal

VivoPower International disclosed plans Wednesday to originate up to $300 million in #RippleLabs shares for South Korea-based Lean Ventures through a dedicated investment vehicle. The publicly listed energy and digital asset treasury company characterized the equity stake as providing exposure to roughly 450 million $XRP valued near $900 million at current prices.

The arrangement sees VivoPower's digital asset unit, Vivo Federation, source Ripple equity for placement into a Lean Ventures-managed vehicle rather than deploying significant balance sheet capital. VivoPower will generate #revenue through fees and performance-based compensation linked to assets under management, targeting approximately $75 million in net economic returns over three years.

The share deal follows VivoPower's August announcement of plans to acquire up to $100 million in Ripple Labs shares as part of an $XRP-focused treasury strategy. The company positions equity ownership as indirect #token exposure rather than holding $XRP directly on its balance sheet.

Any returns depend on Ripple's corporate performance, balance sheet composition, and broader market dynamics since the structure involves equity ownership rather than direct token holdings. VivoPower characterizes the shareholdings as providing exposure to underlying $XRP based on Ripple's existing token holdings, though the mechanism operates through private company equity.