Publicly-Listed VivoPower Sizes Ripple Share Deal at $900M in XRP Value

VivoPower International, a publicly listed energy and digital asset treasury company, said Wednesday it plans to originate up to 300millionworthofRippleLabssharesforSouthKoreabasedinvestmentfirmLeanVentures.Thesharedealwillproceedunderanarrangementthecompanysayswouldprovideindirectexposuretoroughly450millionXRPtokensvaluedataround300 million worth of Ripple Labs shares for South Korea-based investment firm Lean Ventures. The share deal will proceed under an arrangement the company says would provide indirect exposure to roughly 450 million XRP tokens valued at around 900 million at current prices. The arrangement was disclosed on Tuesday, though VivoPower’s latest SEC filing on the same day does not ...