XRP Jackpot? VivoPower’s Ripple Deal Could Net $696-M In Tokens

Description

VivoPower, a Nasdaq-listed solar company, said it plans to spend $100 million to buy privately held shares of Ripple, according to company statements. Based on the company’s presentation of the numbers, that equity exposure would be the equivalent of about 211 million XRP , which VivoPower values at roughly $696 million. Details Of The Purchase According to VivoPower, the company intends to complete the purchase after two months of due diligence and subject to Ripple board approval. The company ...