Overview

• VivoPower intends to acquire $100 million of privately held Ripple shares, framing the equity stake as exposure equivalent to about 211 million XRP at an implied cost of $0.47 per token.
• The company has partnered with Crypto.com Custody alongside BitGo and the Nasdaq Private Market to facilitate the share transfer and list VivoPower stock on Crypto.com’s trading platform.
• Shares will be recorded directly on Ripple’s cap table under VivoPower’s name, and independent quarterly audits will verify the firm’s holdings.
• The move follows the SEC’s waiver removing Ripple’s bad-actor designation and remains subject to a two-month due diligence process before Ripple board sign-off.
• VivoPower’s strategy underscores a wider corporate trend of building XRP-focused treasuries through direct equity investments in Ripple.