VivoPower and Lean Ventures Launch $300 Million Joint Venture to Acquire Ripple Labs Shares

Reuters12-12

<a href="https://laohu8.com/S/VVPR">VivoPower</a> and Lean Ventures Launch $300 Million Joint Venture to Acquire Ripple Labs Shares

VivoPower International plc has announced a definitive joint venture agreement with Lean Ventures, a licensed South Korean asset manager. Through this partnership, Lean Ventures will establish a dedicated investment vehicle to acquire and hold $300 million worth of Ripple Labs shares, with Vivo Federation, VivoPower's digital asset unit, responsible for originating and procuring the shares. VivoPower has received approval from Ripple Labs for the purchase of an initial tranche of preferred shares and will negotiate further acquisitions from institutional holders. The joint venture is expected to generate $75 million in management and performance fees for VivoPower over three years, allowing the company to benefit economically from the potential future appreciation of Ripple Labs and XRP without committing its own capital. The initiative aims to provide South Korean institutional and retail investors with access to Ripple Labs shares and underlying XRP at a discount.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VivoPower International plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9601318) on December 12, 2025, and is solely responsible for the information contained therein.

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