#VivoPower Targets #Ripple Shares for Discounted $XRP
The $XRP treasury strategy is getting creative as VivoPower seeks $100 million in private Ripple shares at significant discounts. The company values the deal at a $19 billion Ripple valuation, effectively buying XRP exposure at $0.47 per token.
VivoPower advisory board member Adam Traidman explains #Ripple shares trade below their $XRP asset value due to limited liquidity. Private market trades can take up to 60 days to complete, creating pricing inefficiencies for accredited investors.
The Nasdaq-listed firm's shares have rallied nearly 300% year-to-date despite recent struggles above $8.88 highs. VivoPower pivoted from sustainable energy to an $XRP treasury strategy in late May, following the trend of crypto-focused treasury companies.
Ripple controls roughly 42 billion $XRP tokens worth $121 billion across linked wallets, with 38 billion held in escrow for supply predictability. The deal represents VivoPower's strategy to gain #XRP exposure through equity ownership rather than direct token purchases, capitalizing on private market #discounts.