🚀 Vivo Power is fully focused on Ripple!
📈 Vivo Power's (VVPR) shares, listed on NASDAQ, rose by 32% after announcing its purchase of $100 million worth of Ripple Labs shares, bolstering its investment strategy in treasury bonds focused on Ripple.
💡 The plan: Buy Ripple shares + Ripple tokens together to increase yield and reduce the cost of acquiring Ripple to just $0.47 (approximately an 86% discount from market price).
🔹 The first publicly listed American company to offer investors the opportunity to invest in Ripple and Ripple together.
🔹 Partnership with BitGo for custody services and NASDAQ's private market for stock transactions.
🔹 Quarterly audits to ensure transparency.
📊 CEO Kevin Chen:
> "We aim to enhance yield while reducing costs - this dual strategy is a game changer."
💥 After hours trading: its shares rose an additional 4.5%!
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