VivoPower Soars 13.33% on $100M Ripple, XRP Investment
On August 11, 2025, VivoPower's shares rose by 13.33% in pre-market trading, marking a significant surge in investor interest.
VivoPower, a Nasdaq-listed solar firm, announced a $100 million plan to purchase RippleXRP-- shares and XRPXRP-- tokens, becoming the first U.S. public company to offer dual exposure to Ripple equity and XRP. This strategic move aims to optimize XRP yield and reduce acquisition costs by 86% through direct token purchases and private share acquisitions from existing Ripple shareholders.
The company's executive chairman and CEO, Kevin Chin, highlighted that the combined purchase of Ripple shares and XRP tokens would help maximize yield while minimizing the weighted average cost of XRP acquired. Independent audits of Ripple holdings will be conducted quarterly, with BitGo managing custody and Nasdaq Private Market facilitating the private share transactions.
VivoPower's decision to allocate a significant portion of capital to Ripple assets demonstrates a strong conviction in the company’s long-term prospects and underscores a strategic shift in VivoPower’s business model. This aligns the firm with the evolving digital asset landscape and highlights the increasing convergence between traditional equities and blockchain-based investments.

Obtén información sobre los actores importantes del mercado de valores estadounidense antes de que comience la sesión de negociación.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet