VivoPower Eyes $300M Ripple Stake, Pushing XRP Exposure Near $1B
VivoPower’s joint venture has launched plans to raise $300 million worth of Ripple Labs equity targeted at institutional and qualified retail investors in South Korea. The fundraising is structured to give Korean investors direct access to Ripple equity, expanding regional participation in the company behind the XRP token. The announcement frames the round as part of a broader push to scale the venture’s crypto-related holdings.
The deal is notable because it would push VivoPower’s combined XRP exposure to nearly $1 billion, potentially increasing liquidity and market attention for both Ripple equity and XRP. While equity investment and token holdings are different instruments, the linkage could influence sentiment and capital flows across Ripple-related markets. Investors should note regulatory and market risks, but the move signals growing institutional appetite for structured exposure to Ripple in Asia.