TLDR
- VivoPower buys $100M Ripple shares, gains 211M XRP at $0.47 each.
- First U.S.-listed firm to hold both Ripple equity and XRP tokens.
- VivoPower secures Ripple equity, cheap XRP in dual acquisition plan.
- $100M Ripple share deal gives VivoPower big XRP stake at discount.
- Ripple equity buy gives VivoPower exposure to 211M XRP tokens.
VivoPower International PLC has announced a $100 million purchase of privately held Ripple Labs shares. The acquisition marks the first time a U.S.-listed company will keep both Ripple equity and XRP tokens. The strategy aims to secure a significant XRP position at a lower weighted average cost.
Ripple Shares Acquisition
The company completed a two-month due diligence process before committing to the acquisition. Pending Ripple management approval, VivoPower will buy shares directly from existing Ripple shareholders under definitive agreements. VivoPower will hold full legal title to the shares and record them on Ripple’s cap table.
🚨 BIGGEST RIPPLE MOVE YET! 🚨
VivoPower invests $100M into Ripple shares, becoming the first U.S.-listed company to give direct exposure to the blockchain giant.
The wave has just begun. 🌊🚀 pic.twitter.com/OBSvmmyEKX
— John Squire (@TheCryptoSquire) August 10, 2025
The initial $100 million purchase provides exposure to an estimated 211 million XRP tokens at current valuations. This structure implies an effective XRP acquisition price of $0.47 per token. The company’s calculation does not include potential value from Ripple’s other business units.
Ripple remains the largest holder of XRP, controlling approximately 41 billion tokens, mostly in escrow. The current value of Ripple’s XRP holdings is estimated at $135 billion. VivoPower’s purchase price reflects an 86% discount to this valuation.
Strategic Treasury Approach
VivoPower will continue acquiring XRP tokens directly and holding Ripple shares. This dual-pronged approach aims to reduce the overall weighted average cost per XRP acquired and provides equity exposure to Ripple’s broader business operations.
Ripple operates RLUSD, a growing stablecoin business partnered with BNY Mellon. The company also owns digital asset businesses including Hidden Road, Metaco, and Standard Custody and Trust Company. Recently, Ripple expanded its payment infrastructure with the acquisition of Rail, a stablecoin payment platform.
VivoPower’s management views the purchase as a long-term portfolio position. The strategy is designed to combine yield opportunities with capital appreciation potential. This mix is expected to strengthen its digital asset treasury model.
Execution and Custody Infrastructure
The company has engaged BitGo for secure digital asset custody and partnered with Nasdaq Private Market, Ripple’s preferred platform for private share transactions. Nasdaq Private Market operates independently from Nasdaq Stock Market LLC.
All securities-related services for the transaction will be conducted through NPM Securities, LLC, a FINRA and SIPC member. An independent auditor will review VivoPower’s Ripple shareholdings quarterly. This oversight aims to ensure transparency and accurate valuation reporting.
The move positions VivoPower uniquely among U.S.-listed companies in the digital asset sector. Holding both Ripple equity and XRP diversifies exposure to token price performance and Ripple’s business growth. The company expects the structure to offer a competitive acquisition advantage in the evolving crypto market.
