• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

VivoPower Eyes $300M Ripple Labs Share Deal

Moussa by Moussa
December 22, 2025
in Bitcoin
0
VivoPower Eyes $300M Ripple Labs Share Deal
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Emerging Markets Poised to Become an Alternative for Investors in 2026

Emerging Markets Poised to Become an Alternative for Investors in 2026

December 22, 2025
How do Bitcoin mining pools typically handle payout frequency versus thresholds?

bitcoind – Walletnotify not working

December 22, 2025


Join Our Telegram channel to stay up to date on breaking news coverage

The Nasdaq-listed firm VivoPower (VVPR) is expanding its digital asset treasury strategy linked to Ripple’s XRP token through a joint venture aimed at acquiring hundreds of millions of dollars worth of the crypto.

The company said its digital asset unit, Vivo Federation, has been engaged with Lean Ventures, an asset management firm based in South Korea, to source $300 million of Ripple Labs equity. 

At current XRP prices, the company estimates that the stake would represent approximately 450 million tokens, valued at around $900 million. 

VivoPower Won’t Buy XRP Outright

The deal won’t see VivoPower purchase XRP tokens outright. Instead, Lean Ventures is looking to establish an investment vehicle that is dedicated to holding shares in Ripple Labs that are sourced by Vivo Federation. 

Through the move, the companies will target both institutional and qualified retail investors in South Korea, which is one of XRP’s largest markets globally, and give them indirect exposure to the token.

South Korea holds $30 billion of XRP circulating supply, representing 20% of the total

— VivoPower (@Vivo_Power) September 29, 2025

VivoPower has shared that it has received approval from Ripple Labs to purchase an initial tranche of the company’s preferred shares. It added that it is also in the process of negotiating more purchases from the company’s existing institutional shareholders. 

Additional details about the transactions have not been disclosed due to legal reasons. 

VivoPower Was One Of The First XRP Treasury Companies

VivoPower’s arrangement with Lean Ventures builds on the prior’s recent pivot to an XRP-centric treasury firm. 

Earlier this year, the company raised $121 million in a private placement that was led by Saudi investor Abdulaziz bin Turki Abdulaziz Al Saud. This positioned VivoPower as one of the first publicly-traded firms to establish a treasury strategy around XRP as opposed to crypto market leaders Bitcoin (BTC) and Ethereum (ETH).

VivoPower has since deployed its XRP into yield-generating strategies. This includes a $100 million allocation via Flare’s FAssets system. The company has also adopted Ripple’s RLUSD stablecoin for its treasury operations. 

VivoPower share priceVivoPower share price

VivoPower share price (Source: Google Finance)

VivoPower’s establishment of an XRP treasury came amid a share price struggle for the company. Data from Google Finance shows that the company’s stock price has plummeted over 44% in the past six months. 

The stock saw a rebound in the past month and week, rebounding over 9% and 8%, respectively. But the past day saw it plunge over 11%.

VivoPower Move Fails To Ignite XRP Rally

Despite VivoPower doubling down on XRP, the crypto’s price has continued to languish.

In the past week, the token’s value has fallen over 7%, according to CoinMarketCap. This was after a more than 3% drop in the past 24 hours to bring the altcoin’s price down to $1.84 as of 4:36 a.m. EST. 

COINBASE:XRPUSD Chart Image by StevenWalgenbachCOINBASE:XRPUSD Chart Image by StevenWalgenbach

Daily chart for XRP/USD (Source: TradingView)

From a technical perspective, XRP has recently lost the support level at $1.8520. What’s more, indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn bears might push XRP’s price down to $1.5815 in the short term.

The MACD line is breaking away below the MACD Signal line, which is a classic indication of strengthening seller momentum. Meanwhile, the RSI line is plummeting below its Simple Moving Average (SMA) line. Traders might interpret this as a sign that sellers are starting to overpower buyers. 

A daily close today above the $1.8520 support might invalidate the bearish thesis. In this alternative, more bullish scenario, XRP could end up rebounding and rising to as high as $2.2220.

Related Articles:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users

Best WalletBest Wallet


Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Share76Tweet47

Related Posts

Emerging Markets Poised to Become an Alternative for Investors in 2026

Emerging Markets Poised to Become an Alternative for Investors in 2026

by Moussa
December 22, 2025
0

Several analysts have become bullish on emerging markets because of their results and the resilience they’ve shown in the face...

How do Bitcoin mining pools typically handle payout frequency versus thresholds?

bitcoind – Walletnotify not working

by Moussa
December 22, 2025
0

Here's my bitcoin.conf: server=1 rpcallowip=127.0.0.1 rpcuser=userrunningbitcoind rpcpassword=passwordofuserrunningbitcoind rpcport=7788 walletnotify=/home/userrunningbitcoind/transaction.sh %s And here's my transaction.sh, which I've tried running manually already....

Hoskinson Boasts NIGHT Volume Beats XRP and SOL: Should You Care?

by Moussa
December 22, 2025
0

In the latest Cardano news,Cardano founder Charles Hoskinson claimed on X that the new Midnight token, NIGHT, traded more in...

Ethereum Price Seeks Additional Gains as Bulls Try to Regain Momentum

Ethereum Price Seeks Additional Gains as Bulls Try to Regain Momentum

by Moussa
December 22, 2025
0

Ethereum price started a recovery wave above $2,950. ETH is now consolidating and might soon attempt another recovery wave if...

Senators Confirm CLARITY Act January Markup as Crypto Market Structure Framework Advances

Senators Confirm CLARITY Act January Markup as Crypto Market Structure Framework Advances

by Moussa
December 22, 2025
0

Senate leaders have locked in a January 2026 markup for the CLARITY Act, signaling real momentum on long-awaited U.S. crypto...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News