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VivoPower, a publicly traded company, has invested $100 million to acquire shares of Ripple

Aug 12, 2025 18:57:43

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ChainCatcher news, according to Cryptoslate, Nasdaq-listed company VivoPower announced that it will acquire Ripple shares for $100 million. The company holds 211 million XRP tokens (currently valued at approximately $696 million), becoming the first U.S. publicly traded company to hold both Ripple equity and XRP. The company has its assets custodied through institutions like BitGo to avoid SPV structures and has committed to quarterly audits to ensure transparency.

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