VivoPower eyes $300M Ripple share deal, bagging nearly $1B in XRP exposure

The joint venture aims to source $300 million in Ripple Labs equity for institutional and qualified retail investors in South Korea.\nWhat to know : VivoPower is partnering with Lean Ventures to acquire Ripple Labs shares, indirectly exposing investors to nearly $1 billion in XRP. The joint venture aims to source $300 million in Ripple Labs equity for institutional and qualified retail investors in South Korea. VivoPower expects to earn $75 million over three years from management fees and performance carry without using its own capital.