kendyhuang
On December 18, Nasdaq-listed company VivoPower (Stock Code: VVPR) announced that it is expanding its strategy related to Ripple through a new joint venture, which aims to acquire billions of dollars worth of Ripple Labs shares, allowing investors to indirectly access nearly $1 billion worth of underlying XRP assets. The company stated in a Tuesday announcement that its digital asset division, Vivo Federation, has been authorized by Korean asset management firm Lean Ventures to initially purchase $300 million worth of Ripple Labs equity. Based on the current XRP price, VivoPower estimates that
XRP-2.73%