VivoPower International PLC recently announced its plan to acquire $100 million worth of Ripple shares, as part of a strategic move to integrate XRP into its corporate treasury. This decision, outlined in an August 11 statement, will expose VivoPower to 211 million XRP tokens, currently valued at approximately $696 million.
By investing in both Ripple shares and XRP tokens, VivoPower becomes the first publicly listed US company to offer its shareholders access to both assets. This dual acquisition approach allows the firm to secure Ripple shares at a discounted rate compared to market prices.
In order to ensure full legal ownership of the Ripple shares acquired, VivoPower has partnered with reputable digital asset custodians such as BitGo and Nasdaq Private Market LLC to facilitate the transactions. The firm’s CEO, Kevin Chin, highlighted that this move aligns with VivoPower’s long-term objective of diversifying its treasury holdings and providing significant upside potential for its shareholders.
It is worth noting that VivoPower has chosen to avoid purchasing Ripple shares held in special-purpose vehicles (SPVs) due to the additional fees and complexities involved. To maintain transparency and accountability, an independent auditor will conduct quarterly reviews of VivoPower’s Ripple shareholdings.
This significant investment in Ripple shares comes shortly after the US Securities and Exchange Commission (SEC) granted Ripple a waiver from the “bad actor” designation. This designation had originated from a 2020 lawsuit in which the SEC accused Ripple of selling unregistered securities. Although the parties settled in May 2025, the injunction technically remained in place until the recent waiver was granted.
With this waiver in place, Ripple is now able to seek new investment opportunities without facing legal barriers. Pro-crypto lawyer John Deaton commented on the development, stating that Ripple can continue to raise money in the private markets as if the lawsuit and the $125 million fine never occurred.
Overall, VivoPower’s strategic acquisition of Ripple shares underscores the company’s commitment to embracing digital assets like XRP and diversifying its investment portfolio. This move not only positions VivoPower as a trailblazer in the industry but also opens up new opportunities for its shareholders to benefit from the potential growth of Ripple and XRP in the future.