VivoPower Worldwide PLC has outlined a technique to accumulate $100 million Ripple shares as a part of a broader initiative to combine XRP into its company treasury, in keeping with an Aug. 11 assertion.
In line with the assertion, the $100 million funding will expose VivoPower to 211 million XRP tokens, at present valued at round $696 million.
VivoPower stated it’s going to maintain each Ripple shares and XRP tokens as a part of the technique, turning into the primary publicly listed US firm to supply its shareholders entry to each. The twin acquisition strategy permits the agency to safe Ripple shares at a reduction in comparison with market costs.
Importantly, VivoPower will receive full authorized possession of the Ripple shares it acquires, with its title recorded instantly on Ripple’s shareholder register. The agency has partnered with main digital asset custodians akin to BitGo and Nasdaq Personal Market LLC to facilitate these transactions.
VivoPower CEO Kevin Chin emphasised that this transfer aligns with VivoPower’s long-term goal of constructing a sturdy treasury mannequin that diversifies its holdings and affords important upside potential for its shareholders.
The agency additionally famous that it’ll keep away from buying Ripple shares held in special-purpose autos (SPVs) as a result of further charges and complexities they carry. An impartial auditor will conduct quarterly evaluations of VivoPower’s Ripple shareholdings to make sure transparency and accountability.
Ripple’s fundraising
VivoPower’s buy of Ripple’s share comes lower than per week after the US Securities and Alternate Fee (SEC) granted the blockchain agency a waiver from the “dangerous actor” designation.
The designation had stemmed from a 2020 lawsuit during which the SEC accused Ripple of promoting unregistered securities.
Whereas the events settled in Might 2025, the injunction technically remained in place. The regulator stated current circumstances justified the waiver, clearing the best way for Ripple to hunt new funding with out authorized limitations.
Following the waiver, pro-crypto lawyer John Deaton acknowledged:
“Ripple can proceed to lift cash within the personal markets. One would possibly even argue, it’s enterprise as typical – as if the lawsuit in opposition to Ripple and the $125M high-quality by no means occurred.”
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