VivoPower shares jump 20.25% intraday after acquiring Ripple shares and expanding Crypto.com partnership.

VivoPower International (NASDAQ:VVPR) surged 20.25% intraday after announcing a $100 million acquisition of Ripple shares, effectively buying 211 million XRP tokens at an implied $0.47 per token. The move, disclosed on August 8, 2025, was accompanied by expanded partnerships with Crypto.com for digital asset treasury management and a $200 million SPAC transaction with Energi Holdings for its Tembo e-LV subsidiary, announced August 18. These developments signaled strategic growth in cryptocurrency exposure and infrastructure investments, boosting investor confidence. Additionally, the company’s compliance with Nasdaq listing standards via a $121 million equity raise in June and plans to deploy $100 million in XRP for institutional yield through Flare further reinforced its financial credibility and operational momentum.