A VivoPower joint venture will seek $300 million in Ripple Labs equity from institutional and qualified retail investors in South Korea, a move that would bring combined XRP exposure close to $1 billion.
VivoPower revealed a “DAT 2.0” strategy to buy XRP at steep discounts and harvest on-chain yield, according to remarks by Adam Traidman at an XRP Meetup in New York. The plan casts digital-asset treasuries in a new light ahead of Ripple’s Swell conference.