VivoPower to Procure Underlying 211 million XRP Position Worth $696 million Through Budgeted Initial $100 million Acquisition of Ripple Shares
VivoPower International (Nasdaq: VVPR) has announced plans to acquire $100 million worth of Ripple Labs shares as part of its XRP-focused digital asset treasury strategy. This strategic move will give VivoPower exposure to approximately 211 million XRP tokens, currently valued at $696 million.
The acquisition represents a significant discount, with an implied price of $0.47 per XRP token compared to market prices. For every $10 million of Ripple shares acquired, an estimated $5.15 per share value could accrete to VivoPower shareholders. The company will become the first U.S.-listed entity providing exposure to both Ripple shares and XRP tokens.
Ripple Labs currently holds 41 billion XRP tokens (41% of total supply) and operates several business units including RLUSD stablecoin, Hidden Road, MetaCo, and Standard Custody and Trust Company.
VivoPower International (Nasdaq: VVPR) ha annunciato l'intenzione di acquisire azioni di Ripple Labs per un valore di 100 milioni di dollari nell'ambito della sua strategia di tesoreria digitale focalizzata su XRP. Questa mossa strategica espone VivoPower a circa 211 milioni di token XRP, attualmente valutati 696 milioni di dollari.
L'operazione rappresenta un significativo sconto, con un prezzo implicito di 0,47$ per token XRP rispetto ai livelli di mercato. Per ogni 10 milioni di dollari di azioni Ripple acquistate, si stima che il valore per azione di VivoPower possa aumentare di circa 5,15$. La società diventerà la prima realtà quotata negli Stati Uniti a offrire esposizione sia alle azioni di Ripple sia ai token XRP.
Ripple Labs detiene attualmente 41 miliardi di token XRP (41% dell'offerta totale) e gestisce diverse unità operative, tra cui la stablecoin RLUSD, Hidden Road, MetaCo e Standard Custody and Trust Company.
VivoPower International (Nasdaq: VVPR) ha anunciado su plan de adquirir acciones de Ripple Labs por valor de 100 millones de dólares como parte de su estrategia de tesorería digital centrada en XRP. Este movimiento estratégico dará a VivoPower exposición a aproximadamente 211 millones de tokens XRP, valorados actualmente en 696 millones de dólares.
La adquisición representa un descuento significativo, con un precio implícito de 0,47$ por token XRP frente a los precios de mercado. Por cada 10 millones de dólares en acciones de Ripple compradas, se estima que podría sumarse un valor de aproximadamente 5,15$ por acción para los accionistas de VivoPower. La compañía pasará a ser la primera entidad cotizada en EE. UU. que ofrece exposición tanto a las acciones de Ripple como a los tokens XRP.
Ripple Labs posee actualmente 41.000 millones de tokens XRP (41% del suministro total) y opera varias unidades de negocio, incluida la stablecoin RLUSD, Hidden Road, MetaCo y Standard Custody and Trust Company.
VivoPower International (Nasdaq: VVPR)는 XRP 중심의 디지털 자산 재무 전략의 일환으로 Ripple Labs 주식 1억 달러 상당을 인수할 계획이라고 발표했습니다. 이 전략적 조치는 VivoPower에 약 2억 1,100만 XRP 토큰에 대한 노출을 제공하며, 현재 가치로는 6억 9,600만 달러에 해당합니다.
이번 인수는 시장 가격에 비해 상당한 할인으로, 암묵적 가격은 토큰당 0.47달러입니다. Ripple 주식 1,000만 달러어치마다 VivoPower 주주들에게는 주당 약 5.15달러의 가치 상승이 예상됩니다. 이로써 해당 회사는 Ripple 주식과 XRP 토큰 모두에 대한 노출을 제공하는 미국 상장 최초의 기업이 됩니다.
Ripple Labs는 현재 410억 XRP 토큰(총 공급량의 41%)을 보유하고 있으며, RLUSD 스테이블코인, Hidden Road, MetaCo, Standard Custody and Trust Company 등 여러 사업부를 운영하고 있습니다.
VivoPower International (Nasdaq: VVPR) a annoncé son projet d'acquérir pour 100 millions de dollars d'actions de Ripple Labs dans le cadre de sa stratégie de trésorerie numérique axée sur le XRP. Cette décision stratégique exposera VivoPower à environ 211 millions de tokens XRP, évalués actuellement à 696 millions de dollars.
L'acquisition représente une décote significative, avec un prix implicite de 0,47 $ par token XRP par rapport aux cours du marché. Pour chaque tranche de 10 millions de dollars d'actions Ripple acquises, on estime qu'une valeur d'environ 5,15 $ par action pourrait se rajouter pour les actionnaires de VivoPower. La société deviendrait ainsi la première entité cotée aux États-Unis offrant une exposition à la fois aux actions de Ripple et aux tokens XRP.
Ripple Labs détient actuellement 41 milliards de tokens XRP (41 % de l'offre totale) et exploite plusieurs unités commerciales, dont la stablecoin RLUSD, Hidden Road, MetaCo et Standard Custody and Trust Company.
VivoPower International (Nasdaq: VVPR) hat angekündigt, Aktien von Ripple Labs im Wert von 100 Millionen US-Dollar im Rahmen seiner auf XRP ausgerichteten digitalen Treasury-Strategie zu erwerben. Dieser strategische Schritt verschafft VivoPower ein Engagement von rund 211 Millionen XRP-Token, die derzeit mit 696 Millionen US-Dollar bewertet sind.
Die Übernahme stellt einen erheblichen Abschlag dar, mit einem impliziten Preis von 0,47 US-Dollar pro XRP-Token gegenüber den Marktpreisen. Für jeweils 10 Millionen US-Dollar erworbener Ripple-Aktien könnte der Wert je VivoPower-Aktie um geschätzt 5,15 US-Dollar steigen. Das Unternehmen würde damit das erste an US-Börsen notierte Unternehmen sein, das sowohl Exposure gegenüber Ripple-Aktien als auch gegenüber XRP-Token bietet.
Ripple Labs hält derzeit 41 Milliarden XRP-Token (41 % des Gesamtangebots) und betreibt mehrere Geschäftseinheiten, darunter die Stablecoin RLUSD, Hidden Road, MetaCo und die Standard Custody and Trust Company.
- Significant discount acquisition: 86% discount to Ripple's XRP holdings value
- Large potential value accretion: $5.15 per share for every $10M Ripple shares acquired
- First-mover advantage as only U.S.-listed company with Ripple shares exposure
- Direct legal title to Ripple shares with quarterly independent audits
- Additional value from Ripple's other business units (RLUSD, Hidden Road, Rail, Metaco)
- High exposure to XRP price volatility and crypto market risks
- Acquisition subject to final approval from Ripple's executive management
- Significant concentration risk in a single digital asset ecosystem
Insights
VivoPower's acquisition of Ripple shares creates an effective 86% discount on XRP tokens, potentially significant value creation for shareholders.
VivoPower's strategic move to acquire $100 million of Ripple Labs shares represents a sophisticated digital asset treasury strategy with compelling economics. By purchasing Ripple shares rather than directly buying XRP on the open market, VivoPower gains exposure to 211 million XRP tokens currently valued at $696 million - acquiring this exposure at an implied $0.47 per XRP compared to market rates of around $3.30. This represents an extraordinary 86% discount to market prices.
What makes this particularly notable is the dual benefit structure: VivoPower gains both the discounted XRP exposure and ownership stakes in Ripple's growing business units including its RLUSD stablecoin, Hidden Road prime brokerage, and recently acquired Rail payment platform. The company estimates this could create approximately $5.15 per share in value accretion for every $10 million of Ripple shares acquired.
The strategy is well-structured from a governance perspective, with direct legal title to shares (avoiding SPV structures with embedded fees), quarterly independent audits, and partnerships with established digital asset infrastructure providers like BitGo and Nasdaq Private Market. Most importantly, this positions VivoPower as the first and only publicly-listed U.S. company offering shareholders exposure to both Ripple shares and XRP tokens, creating a unique market position.
This approach effectively transforms VivoPower from its previous business model into a publicly-traded proxy for Ripple/XRP exposure, potentially unlocking significant value if the underlying XRP continues to perform well or if Ripple's other business units gain traction in the expanding digital asset ecosystem.
VivoPower's strategic acquisition provides substantial XRP exposure at 86% discount, offering exceptional shareholder value potential.
VivoPower's strategic acquisition of $100 million in privately-held Ripple shares represents a sophisticated arbitrage opportunity in the digital asset space. The transaction effectively secures exposure to 211 million XRP tokens currently valued at $696 million, creating an immediate mark-to-market value differential of nearly $596 million. The implied acquisition cost of $0.47 per XRP token represents an 86% discount to current market prices, presenting exceptional value creation potential.
The transaction structure is particularly noteworthy as VivoPower will hold direct legal title to Ripple shares on the company's cap table, avoiding costlier SPV structures with embedded fees. The company's dual-pronged approach of acquiring both Ripple shares and direct XRP holdings allows for portfolio optimization while minimizing the weighted average cost of XRP exposure.
From a valuation perspective, VivoPower estimates approximately $5.15 per share in value accretion for every $10 million of Ripple shares acquired. This calculation factors in current market prices of VVPR and XRP along with the weighted average purchase price of Ripple shares. With an initial $100 million acquisition, this suggests potential value creation of over $51.50 per share.
Beyond the XRP token exposure, this transaction gives VivoPower stakes in Ripple's growing operational businesses, including its RLUSD stablecoin (with BNY Mellon partnership), Hidden Road prime brokerage, digital custodians Metaco and Standard Custody & Trust, and the recently acquired Rail payment platform. The stablecoin business is particularly notable given the successful recent IPO of comparable company Circle Internet Group.
Backed by investors including Andreessen Horowitz and Google Ventures, Ripple Labs (Ripple) holds 41 billion XRP tokens, representing approximately
VivoPower will become the first and only U.S.-listed company to provide exposure to Ripple
For
LONDON, Aug. 11, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) today announced it is acquiring Ripple Labs (“Ripple”) shares, as part of a strategic enhancement to its XRP-focused digital asset treasury strategy. Following a two-month period of due diligence, VivoPower has budgeted to purchase an initial
Ripple minted a fixed 100 billion XRP tokens at inception and given there have been approximately 14 million XRP tokens burnt to date, the network is mildly deflationary. Ripple continues to hold 41 billion XRP tokens, primarily in escrow. In addition, Ripple has a number of operating businesses, including RLUSD, its stablecoin; the digital assets prime broker Hidden Road, MetaCo and the Standard Custody and Trust Company, as well as the recently acquired stablecoin payment platform company, Rail.
VivoPower will become the first and only publicly listed company in the United States that provides shareholders with exposure to Ripple shares as well as XRP tokens. On a weighted average basis, this dual-pronged strategy is intended to deliver an acquisition cost per XRP token that represents an exceptionally favorable discount to the market price of XRP. For
Importantly, VivoPower will have a full and direct legal title of Ripple shares purchased and be recorded as a shareholder directly on Ripple’s cap table. VivoPower will not purchase any Ripple shares that are held in special-purpose vehicle structures (with embedded fees and costs). An independent auditor will conduct quarterly reviews of VivoPower’s Ripple shareholdings.
Kevin Chin, Executive Chairman and CEO of VivoPower, commented: “The opportunity to acquire Ripple shares and materially average down the acquisition price per XRP is in line with our objective of building a sustainable long-term treasury model that translates into substantial potential upside for shareholders. Our portfolio construction strategy is to buy a combination of Ripple shares and XRP tokens. This will allow us to optimize for yield maximization while also minimizing the weighted average cost of XRP acquired.”
Adam Traidman, former Ripple board member and Chairman of VivoPower’s Advisory Board, commented: “By purchasing Ripple shares, not only will VivoPower acquire XRP at valuations up to an
Rationale for Purchase of Ripple Labs Shares
- Ripple is the largest holder of XRP tokens, with 41 billion valued at
$135 billion at the current XRP price; - VivoPower has the opportunity to acquire Ripple at a weighted average valuation of approximately
$19 billion , representing an86% discount to Ripple’s$135 billion holding of XRP tokens (assuming no value is ascribed to the rest of Ripple’s business units, including RLUSD, its stablecoin); - With an initial budgeted
$100 million acquisition of Ripple shares, VivoPower would effectively be securing an underlying position of 211 million XRP tokens with a current market value of$696 million ; - This infers that VivoPower would be buying XRP tokens at an implied price of
$0.47 per XRP token (at current market prices which are subject to significant volatility, and assuming no value is ascribed to the rest of Ripple’s business units, including RLUSD, its stablecoin); - Ripple has a growing stablecoin business, RLUSD, for which it has recently partnered with BNY Mellon. A comparable business is the highly successful recent IPO of Circle Internet Group; and
- In addition, Ripple has other business units, including a digital asset prime broker, Hidden Road and digital asset custodians being Metaco and the Standard Custody & Trust Company, as well as the recently acquired Rail, a stablecoin payment platform.
Digital Asset Infrastructure and Custody Partners
To support the execution and governance of its treasury strategy, VivoPower has engaged leading digital asset custodian and private market securities infrastructure providers, including BitGo and Nasdaq Private Market, LLC, the preferred partner of Ripple for transacting its shares. Securities-related services are offered through NPM Securities, LLC, a member of FINRA and SIPC. Nasdaq Private Market, LLC is operationally independent from Nasdaq Stock Market LLC.
About VivoPower
VivoPower International PLC (Nasdaq: VVPR) is undergoing a strategic transformation into the world’s first XRP-focused digital asset enterprise. The Company’s new direction centers on the acquisition, management, and long-term holding of XRP digital assets, including via Ripple shares as part of a diversified digital treasury strategy. Through this shift, VivoPower aims to contribute to the growth and utility of the XRP Ledger (XRPL) by supporting decentralized finance (DeFi) infrastructure and real-world blockchain applications.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower has two business units, Tembo and Caret Digital. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission.
Note 1: certain assumptions were made to estimate the value accretion described in this document, including market prices for VivoPower and XRP, as well as the purchase price for Ripple shares. All of these are subject to significant volatility and hence actual value accretion may vary materially depending on the execution dates. Furthermore, approval of the sale of Ripple shares by Ripple management may not be forthcoming.
The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
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