VivoPower to Procure Underlying 211 million XRP Position Worth $696 million Through Budgeted Initial $100 million Acquisition of Ripple Shares
1. VivoPower plans to acquire $100 million in Ripple shares. 2. This acquisition provides VivoPower exposure to 211 million XRP tokens. 3. Acquisition strategy supports a favorable cost per XRP token at significant discounts. 4. VivoPower aims to be the first U.S.-listed firm exposing to Ripple and XRP. 5. Key investors in Ripple include Andreessen Horowitz and Google Ventures.