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VivoPower to acquire $100M Ripple stake after SEC clears path for new fundraising

VivoPower to acquire 0M Ripple stake after SEC clears path for new fundraising
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VivoPower to acquire 0M Ripple stake after SEC clears path for new fundraising

VivoPower International PLC has outlined a strategy to acquire $100 million Ripple shares as part of a broader initiative to integrate XRP into its corporate treasury, according to an Aug. 11 statement.

According to the statement, the $100 million investment will expose VivoPower to 211 million XRP tokens, currently valued at around $696 million.

VivoPower said it will hold both Ripple shares and XRP tokens as part of the strategy, becoming the first publicly listed US company to offer its shareholders access to both. The dual acquisition approach allows the firm to secure Ripple shares at a discount compared to market prices.

Importantly, VivoPower will obtain full legal ownership of the Ripple shares it acquires, with its name recorded directly on Ripple’s shareholder register. The firm has partnered with leading digital asset custodians such as BitGo and Nasdaq Private Market LLC to facilitate these transactions.

VivoPower CEO Kevin Chin emphasized that this move aligns with VivoPower’s long-term objective of building a robust treasury model that diversifies its holdings and offers significant upside potential for its shareholders.

The firm also noted that it will avoid purchasing Ripple shares held in special-purpose vehicles (SPVs) due to the extra fees and complexities they bring. An independent auditor will conduct quarterly reviews of VivoPower’s Ripple shareholdings to ensure transparency and accountability.

NemoNemo

Ripple’s fundraising

VivoPower’s purchase of Ripple’s share comes less than a week after the US Securities and Exchange Commission (SEC) granted the blockchain firm a waiver from the “bad actor” designation.

The designation had stemmed from a 2020 lawsuit in which the SEC accused Ripple of selling unregistered securities.

While the parties settled in May 2025, the injunction technically remained in place. The regulator said recent circumstances justified the waiver, clearing the way for Ripple to seek new investment without legal barriers.

Following the waiver, pro-crypto lawyer John Deaton stated:

“Ripple can continue to raise money in the private markets. One might even argue, it’s business as usual – as if the lawsuit against Ripple and the $125M fine never happened.”

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