Vivopower International PLC outlined its strategy to acquire $100 million in Ripple stake as part of a broader initiative to integrate XRP into the Corporate Treasury Department, according to a statement on August 11.
According to the statement, the $100 million investment exposed Vivopower to 211 million XRP tokens, currently worth around $696 million.
Vivopower said as part of its strategy it will be the first public company to hold both Ripple shares and XRP tokens, allowing shareholders to access both. The double acquisition approach allows companies to protect Ripple stock at a discounted price compared to market prices.
Importantly, Vivopower is to acquire full legal ownership of the Ripple shares that are recorded directly in Ripple’s shareholder register. The company partners with leading digital asset managers such as BITGO and Nasdaq Private Market LLC to facilitate these transactions.
Kevin Chin, CEO of Vivopower, stressed that the move is consistent with Vivopower’s long-term objective of creating a robust financial model that diversifies its holdings and offers shareholders a significant promotion potential.
The company also said it would avoid purchasing Ripple shares held in special purpose vehicles (SPVs) due to the additional fees and complexity they bring. Independent auditors conduct a quarterly review of Vivopower’s ripple-over stock holdings to ensure transparency and accountability.
Ripple Funding
The purchase of Vivopower’s Ripple share comes less than a week after the US Securities and Exchange Commission (SEC) granted blockchain companies exemption from designating “bad actors.”
The designation stemmed from a 2020 lawsuit accusing the SEC of selling unregistered securities.
The parties settled in May 2025, but the injunction remained technically. Regulators said the recent situation justified the waiver and cleared the way Ripple sought new investments without legal barriers.
Following the exemption, custody lawyer John Deaton said:
“Ripple can continue to raise money in the private market, and you might argue that it’s a business as usual.
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