VivoPower to Acquire $100 Million in Ripple Shares, Expanding Cryptocurrency Exposure

VivoPower International is set to acquire a significant stake in Ripple Labs, purchasing approximately $100 million worth of shares. This move represents a groundbreaking step for US public companies seeking exposure to the cryptocurrency market. VivoPower’s strategy involves both equity and XRP token exposure, with a purchase price set at an implied value of $0.47 per token, significantly lower than current market prices. 💰 📈