Publicly-Listed VivoPower Sizes Ripple Share Deal at $900M in XRP Value
VivoPower International plans to originate up to $300 million worth of Ripple Labs shares for South Korean investment firm Lean Ventures, giving indirect exposure to about 450 million XRP tokens valued at roughly $900 million. The deal involves VivoPower’s digital asset unit sourcing Ripple equity, to be placed in an investment vehicle managed by Lean Ventures. VivoPower will act as the originator and manager, earning revenue through fees and performance-based compensation, and targets net economic returns of around $75 million over three years from this initial tranche. The structure gives exposure to Ripple Labs’ XRP holdings through equity ownership, not by directly owning XRP tokens; returns depend on Ripple’s corporate performance and broader market factors. This initiative follows VivoPower’s earlier XRP-linked strategies, including plans to acquire up to $100 million in Ripple Labs shares as an XRP treasury strategy. The move comes amid renewed institutional interest in XRP after reduced legal uncertainty. The transaction is subject to further negotiation, market conditions, and available Ripple Labs shares.
