<span class="highlight">US Stock listed company VivoPower</span> is planning to acquire a $3 billion stake in Ripple Labs.

By: theblockbeats.news|2025/12/18 13:46:03

0

Share

copy

BlockBeats News, December 18, according to Coindesk, Nasdaq-listed company VivoPower is expanding its XRP-related strategy through a new joint venture, aiming to acquire a stake worth billions of dollars in Ripple Labs, allowing investors to indirectly hold nearly $1 billion in underlying XRP assets.

The company stated in a press release on Tuesday that its digital asset division, Vivo Federation, has been commissioned by Korean asset management firm Lean Ventures to preliminarily seek to acquire $300 million worth of Ripple Labs shares. Based on the current XRP price estimation, VivoPower believes this stake represents approximately 450 million XRP, valued at around $900 million.

However, the transaction structure does not involve the direct purchase of XRP. Lean Ventures plans to establish a dedicated investment vehicle to hold the Ripple Labs shares acquired by Vivo Federation, with the target investors being Korean institutions and eligible retail investors.

VivoPower stated that it has obtained Ripple's approval to purchase the initial preferred shares and is currently negotiating with existing institutional shareholders to acquire more shares.

-- Price

You may also like

a16z Crypto: What We See Behind the $2.2 Billion New Fund

a16z Crypto: What We See Behind the $2.2 Billion New Fund

After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.

Web3 is dead, Web2+3 should rise

Web3 is dead, Web2+3 should rise

We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)

What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)

Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.

The Rise of Composable RWA

The Rise of Composable RWA

27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?

MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?

MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.

RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?

RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?

RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.

MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?

MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?

The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.

Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive

Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive

The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.

Can prediction markets win the competition for perpetual contracts?

Can prediction markets win the competition for perpetual contracts?

Polymarket and Kalshi have entered the perpetual contract arena. In the face of Hyperliquid's "cross-margin" dimensional reduction attack, can the prediction market break the curse of loss and turn the tide?

Who is trading on Trade.xyz?

Who is trading on Trade.xyz?

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

a16z Crypto: What We See Behind the $2.2 Billion New Fund

After the noise subsides, what remains is often more useful than it appeared at its peak and more enduring than it seemed at its lowest point.

Web3 is dead, Web2+3 should rise

We are not aiming to hold a self-indulgent party for Web3 practitioners, but rather to build a bridge for rational connection between Web2 and Web3.

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

In the Latin American remittance market, the real protagonists have never been the young people speculating on cryptocurrencies, but rather the 50-year-old workers who send money to their mothers every month. They don't care about blockchain; they only care about whether the money has arrived.

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

Contents

Popular coins

Latest Crypto News

05:42

Ripple CEO: The success or failure of cryptocurrency legislation will be decided in the next two weeks

Ripple CEO Brad Garlinghouse stated that the next two weeks will be a critical window for advancing cryptocurrency legislation in the United States.He pointed out that if the Senate Banking Committee fails to complete the bill review in the near term, the probability of the bill passing will "signif...

05:42

MoonPay acquires Solana's execution layer DFlow, upgrading trading infrastructure layout

MoonPay announced the acquisition of the Solana-based execution layer platform DFlow, officially entering the trading infrastructure sector.DFlow provides trading optimization services for companies like Coinbase and Phantom, having processed a total trading volume of over $50 billion, with approxim...

05:42

State Street and Galaxy launch the SWEEP fund to convert stablecoins into yield-bearing assets

State Street has partnered with Galaxy to launch the on-chain liquidity fund SWEEP, allowing investors to "one-click transfer" stablecoins into yield-bearing tokenized assets, achieving 24/7 on-chain cash management.The fund will initially be deployed on Solana, with plans to expand to Stellar and E...

05:42

TD Cowen: Discrepancies in stablecoin yields may hinder the advancement of U.S. cryptocurrency legislation

TD Cowen pointed out that the disagreements surrounding the stablecoin yield mechanism remain difficult to bridge, which may delay the advancement of the U.S. crypto market structure bill and even affect its chances of passing within the year.Several banking organizations, including the American Ban...

05:42

SoFi deploys stablecoins to Solana, focusing on low-cost and high-efficiency settlements

SoFi Technologies announced that its stablecoin SoFiUSD will expand to the Solana network, focusing on its low cost, high throughput, and fast settlement capabilities.SoFiUSD was launched in 2025 as a fully backed dollar stablecoin, initially deployed on Ethereum, aimed at providing 24/7 near real-t...