Key Notes
VivoPower's partnership with Seoul-based Lean Ventures establishes a $300 million investment vehicle for Ripple Labs preferred shares.
The deal targets South Korea's market, which holds the world's largest XRP position by value and trading volume.
VivoPower anticipates $75 million in fees over three years while gaining indirect exposure to Ripple's valuation growth.
VivoPower International PLC announced the execution of a definitive $300 million joint venture agreement with Lean Ventures, marking one of the company’s most significant digital asset initiatives to date. The deal, unveiled on December 12, will allow the parties to acquire and hold a substantial portfolio of Ripple Labs shares through a newly established, South Korea-focused investment vehicle.
Lean Ventures, a

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