Nasdaq-listed firm moves toward $1B XRP exposure
Yahoo Finance·2025-12-18 21:25

A Nasdaq-listed company is setting up a way for investors to gain exposure to nearly 1billionworthofXRP,withoutactuallybuyingthecryptocurrencyitself.OnDec.18,VivoPowersaiditsdigitalassetunit,VivoFederation,wasengagedbySouthKoreabasedassetmanagerLeanVenturestosourceaninitial1 billion worth of XRP, without actually buying the cryptocurrency itself. On Dec. 18, VivoPower said its digital asset unit, Vivo Federation, was engaged by South Korea–based asset manager Lean Ventures to source an initial 300 million worth of Ripple Labs equity. Based on current XRP prices, VivoPower estimates this could translate into exposure linked to roughly 450 million XRP tokens, valued at about $900 million. ...