VivoPower, a Nasdaq-listed company, is expanding into digital assets with a focus on Ripples XRP. Theyve announced a joint venture to acquire hundreds of millions in Ripple Labs shares, providing indirect exposure to nearly one billion dollars worth of XRP. Vivo Federation, their digital asset unit, has partnered with South Korean asset manager Lean Ventures to source three hundred million dollars in Ripple Labs equity. This partnership highlights growing interest in XRP, especially in South Korea. Instead of directly buying XRP, Lean Ventures will create a special investment vehicle to hold Ripple Labs shares, making them available to investors. VivoPower has received approval to purchase initial preferred shares and is negotiating for more. They wont use their own money but will earn management fees and performance bonuses, aiming for seventy-five million dollars in returns over three years. This new arrangement builds on VivoPowers recent shift towards an XRP-focused strategy.

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