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Backed by investors including Andreessen Horowitz and Google Ventures, Ripple Labs (Ripple) holds 41 billion XRP tokens, representing approximately 41% of all XRP tokens on issue
VivoPower will become the first and only U.S.-listed company to provide exposure to Ripple
For every $10 million of Ripple shares acquired, an estimated US$5.15 of value per share could accrete to VivoPower 1
LONDON, Aug. 08, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ:VVPR) ("VivoPower" or the "Company") today announced it is acquiring Ripple Labs ("Ripple") shares, as part of a strategic enhancement to its XRP-focused digital asset treasury strategy. Following a two-month period of due diligence, VivoPower has budgeted to purchase an initial US$100 million of privately held Ripple shares. This encompasses definitive agreements directly with current Ripple shareholders, which are subject to final approval from Ripple's executive management. Aside from these transactions, VivoPower will continue to directly acquire and hold XRP tokens.
Posted In: VVPR
