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VivoPower Proposes $100M Ripple Equity Purchase for 211M XRP Exposure

The Nasdaq-listed firm would record full legal title on Ripple’s cap table under BitGo custody with quarterly audits pending final board approval.

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Vivopower partners with crypto.com to expand xrp treasury and shareholder access

Overview

  • VivoPower plans to allocate $100 million to buy privately held Ripple shares from existing investors in a move that would indirectly secure 211 million XRP tokens.
  • The company estimates the XRP component will cost an average of $0.47 per token, representing an 86% discount to current market prices and a notional $696 million value.
  • VivoPower says it will take direct legal title on Ripple’s shareholder register rather than using special-purpose vehicles, leveraging Nasdaq Private Market for transaction handling.
  • Custody of the acquired XRP will be managed by BitGo and subject to independent quarterly audits to verify both token and equity holdings.
  • The deal remains conditional on the conclusion of ongoing due diligence and final approval from Ripple’s board before any shares change hands.