🚨 XRP Just Got a $100 MILLION BOOST from a Public Company!
This is a huge signal of confidence! Nasdaq-listed solar company VivoPower just saw its shares jump over 32% after announcing a massive $100 million plan to buy #Ripple Labs shares. This strategic move is aimed at expanding the company's digital asset treasury to include both Ripple equity and #XRP tokens.
#VivoPower will be the first publicly listed US firm to give investors exposure to both Ripple and $XRP. The company plans to buy a combination of Ripple shares and XRP to "optimize for yield maximization" and lower their average cost per XRP to a deeply discounted implied price of $0.47!
This is a big step towards legitimizing XRP and Ripple in the eyes of traditional finance. This isn't just another company buying crypto; it's a strategic move to leverage Ripple's equity and XRP holdings for a competitive advantage. The future is looking brighter than ever for XRP! #Altcoins #CryptoMarketNews