VivoPower’s XRP Bet Just Got Bigger
VivoPower is doubling down on XRP, and this time the numbers are hard to ignore.
The Nasdaq-listed company is backing a new joint venture that plans to source $300 million worth of Ripple Labs shares, giving investors indirect exposure to nearly $1 billion in XRP without actually buying the token.
It is a strategic move, and it signals just how serious VivoPower has become about building around the Ripple ecosystem.
How the $300 Million Deal Works
According to a Tuesday release, VivoPower’s digital asset arm, Vivo Federation, has been engaged by South Korea–based asset manager Lean Ventures to source the Ripple equity.
The goal is to acquire an initial $300 million stake in Ripple Labs, which VivoPower estimates is equivalent to roughly 450 million XRP tokens at current prices, or about $900 million in value.
Rather than holding XRP directly, Lean Ventures plans to set up a dedicated investment vehicle that will own Ripple Labs shares sourced by Vivo Federation. This structure is designed for institutional and qualified retail investors in South Korea, one of XRP’s strongest global markets.
Ripple Approval, Limited Disclosure
VivoPower said it has already received approval from Ripple to purchase an initial tranche of preferred shares and is currently negotiating additional purchases from existing institutional holders.
However, when asked for more detail, the company declined to go beyond its public disclosures, citing legal limits around market-sensitive information. A Ripple spokesperson also said the company was unable to comment on the matter as of Thursday.
In other words, the framework is confirmed, but many specifics remain behind closed doors.
Why VivoPower’s Balance Sheet Stays Clean
An important detail often missed is that VivoPower is not deploying its own capital into the deal. Instead, it will earn management fees and performance-based carry from the investment vehicle.
If the full $300 million mandate is completed, VivoPower expects to generate up to $75 million in net economic returns over three years, all without putting its balance sheet at risk.
For a public company, that structure matters.
Part of a Bigger XRP-Centric Strategy
This deal fits neatly into VivoPower’s broader shift toward an XRP-focused treasury strategy.
Earlier this year, the company raised $121 million in a private placement led by Saudi investor Abdulaziz bin Turki Abdulaziz Al Saud, positioning VivoPower as one of the first publicly traded firms to build its digital asset strategy around XRP rather than bitcoin or ether.
Since then, VivoPower has actively deployed XRP into yield-generating strategies, including a $100 million allocation through Flare’s FAssets system, and has adopted Ripple’s RLUSD stablecoin for treasury operations.
The message is clear. VivoPower is not experimenting with XRP anymore. It is building around it.
