A Nasdaq-listed company is making history with a $100 million bet on Ripple shares and $XRP tokens, delivering unprecedented dual crypto-equity exposure for investors.
First US-Listed Company to Offer Shareholders Both Ripple Equity and $XRP Token Exposure
Vivopower International Plc (Nasdaq: VVPR) announced on Aug. 8 that after a two-month due diligence review, it plans to allocate $100 million for an initial purchase of privately held Ripple shares. The acquisition will take place through direct agreements with existing Ripple shareholders, subject to executive approval.
“Aside from these transactions, Vivopower will continue to directly acquire and hold $XRP tokens,” the company confirmed, adding:
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