VivoPower International PLC, a Nasdaq-listed energy solutions company, has announced a blockbuster move to acquire $100 million worth of Ripple Labs shares, significantly boosting its XRP-focused treasury strategy. This deal, pending approval from Ripple’s executive management, is structured at an eye-catching 86% discount, effectively valuing XRP at just $0.47 per token—a steep drop compared to its current market price. Here’s what this means for VivoPower and its growing exposure to the XRP ecosystem:
Key Details of the Deal
Valuation Insight: The acquisition values Ripple at approximately $19 billion, a bargain when you consider Ripple holds 41 billion XRP tokens, currently worth around $135 billion. This discount allows VivoPower to gain massive indirect exposure to XRP without buying the tokens at full market rates.
Strategic Positioning: By snapping up Ripple shares, VivoPower becomes the first U.S.-listed company to hold both Ripple equity and XRP tokens, cementing its pioneering role in corporate crypto adoption.
Treasury Expansion: This move builds on VivoPower’s earlier efforts, including a $121 million raise in May 2025 to kickstart its XRP treasury and a $100 million investment in XRP on the Flare Network.
Why This Matters
VivoPower’s play is a calculated bet on Ripple’s ecosystem, which extends beyond XRP to include ventures like the RLUSD stablecoin and partnerships with heavyweights like BNY Mellon. By securing Ripple shares at such a discount, VivoPower gains:
Cost-Effective Exposure: A backdoor to XRP’s potential upside at a fraction of the market cost.
Diversification: A mix of equity and token holdings, spreading its digital asset bets.
The Risks
It’s not all smooth sailing. The deal hinges on Ripple’s executive approval, and there’s always the chance of regulatory roadblocks or market volatility shaking things up. Plus, the $19 billion valuation leans heavily on Ripple’s XRP stash—other factors like its business operations or legal challenges could complicate the picture.
Bottom Line
VivoPower’s $100 million grab for Ripple shares is a bold, headline-making move that turbocharges its XRP treasury while snagging a massive discount. If it clears the approval hurdle, this could set a precedent for other public companies eyeing crypto exposure. For now, it’s a high-stakes play worth watching!