VivoPower shares surge 16.51% intraday after acquiring Ripple Labs equity and expanding crypto partnerships with Crypto.com and Energi Holdings.

VivoPower International (VVPR) surged 16.51% during intraday trading following announcements of strategic partnerships with Crypto.com and a $100 million acquisition of Ripple shares, effectively securing a $696 million XRP position. These moves, coupled with plans for a $200 million SPAC investment via Tembo e-LV, signaled renewed focus on digital asset integration and infrastructure growth. The intraday rally aligned with reports of expanded XRP treasury exposure and institutional yield partnerships, overshadowing earlier exits from digital assets mentioned in Russian-language news. Key catalysts included the Ripple share purchase, SPAC progress, and Crypto.com collaborations, which reinforced bullish sentiment ahead of the stock’s sharp intraday rise.