VivoPower International Plans $900 Million Ripple Labs Share Deal Linked to XRP Tokens
VivoPower International intends to originate up to $300 million of Ripple Labs shares for Lean Ventures, a South Korea-based investment vehicle. This deal would give indirect exposure to approximately 450 million XRP tokens, valued at around $900 million at current prices.
The Ripple equity will be placed into a dedicated investment vehicle managed by Lean Ventures. VivoPower's digital asset unit, Vivo Federation, will originate and manage the transaction, earning fees and performance-based compensation, with little balance sheet capital deployed.
VivoPower estimates net economic returns of roughly $75 million over three years from the initial $300 million tranche, based on internal forecasts. However, the exposure is through Ripple Labs equity rather than direct XRP ownership, so returns will depend on Ripple's corporate performance, its balance sheet, and broader market dynamics.
The arrangement was disclosed on a Tuesday but was not reflected in VivoPower's latest SEC filing at the time, and no new filing had been uploaded to the SEC directory. Earlier in August, VivoPower revealed plans to acquire up to $100 million in Ripple Labs shares as part of an XRP-focused treasury strategy.
On the day of the disclosure, VivoPower's stock (ticker VVPR) closed around $2.83, down 11.56% with a trading volume of nearly 340,600 shares, which was below the average. The deal remains subject to negotiations, market conditions, and the availability of Ripple Labs shares.
