Giant Company Listed on Nasdaq Prepares to Invest in Ripple (XRP)! Here Are the Details

VivoPower (VVPR), an energy and sustainability-focused company listed on Nasdaq, is preparing to expand its strategy connected to the Ripple ecosystem.

The company aims to purchase $300 million worth of Ripple Labs shares as part of a new joint venture with South Korea-based asset management company Lean Ventures. This move aims to offer investors access to approximately $1 billion worth of XRP indirectly, without directly purchasing the crypto asset.

According to a statement by VivoPower, the company’s digital asset unit, Vivo Federation, has been tasked with initially acquiring $300 million worth of Ripple Labs shares on behalf of Lean Ventures. Based on current XRP prices, this share is equivalent to approximately 450 million XRP, with a total value of around $900 million.

However, the structure does not involve direct XRP purchases. Instead, Lean Ventures plans to establish a private investment vehicle that will hold Ripple Labs shares acquired through Vivo Federation. This investment vehicle will specifically target institutional and qualified individual investors in South Korea, which stands out as one of the strongest markets for XRP globally.

VivoPower announced that it has received approval for the first batch of preferred shares from Ripple and is in discussions with existing institutional shareholders regarding additional acquisitions. The company will not use direct capital from its own balance sheet; instead, it aims to generate revenue through management fees and performance bonuses. It projects a net economic return of approximately $75 million over three years.

This initiative is a continuation of VivoPower’s recent shift towards an XRP-focused treasury strategy. The company has previously used XRP in yield-generating structures and integrated Ripple’s RLUSD stablecoin into its treasury operations.