VivoPower’s $100M Ripple Acquisition Offers Unique Access to 211M XRP Tokens for U.S. Investors
Main Idea
VivoPower's $100 million acquisition of Ripple shares provides unique access to 211 million XRP tokens, making it the only U.S.-listed company with dual exposure to Ripple equity and XRP.
Key Points
1. VivoPower purchased $100 million worth of Ripple shares, granting indirect access to 211 million XRP tokens.
2. The deal values Ripple at approximately $19 billion, offering XRP exposure at $0.47 per token, an 86% discount to market value.
3. VivoPower's stock surged over nine percent following the acquisition announcement.
4. This acquisition makes VivoPower the only U.S.-listed company with exposure to both Ripple shares and XRP tokens.
5. The move aligns with a growing trend of corporate engagement with XRP.
Description
VivoPower’s recent acquisition of $100 million in Ripple shares grants them unique access to 211 million XRP tokens, making them the only U.S.-listed company with this dual exposure. VivoPower becomes
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