According to the statement, the $100 million investment will expose VivoPower to 211 million XRP tokens, currently valued at around $696 million.
VivoPower CEO Kevin Chin emphasized that this move aligns with VivoPower’s long-term objective of building a robust treasury model that diversifies its holdings and offers significant upside potential for its shareholders.
The firm also noted that it will avoid purchasing Ripple shares held in special-purpose vehicles (SPVs) due to the extra fees and complexities they bring. An independent auditor will conduct quarterly reviews of VivoPower’s Ripple shareholdings to ensure transparency and accountability.
VivoPower’s purchase of Ripple’s share comes less than a week after the US Securities and Exchange Commission (SEC) granted the blockchain firm a waiver from the “bad actor” designation.
While the parties settled in May 2025, the injunction technically remained in place. The regulator said recent circumstances justified the waiver, clearing the way for Ripple to seek new investment without legal barriers.
“Ripple can continue to raise money in the private markets. One might even argue, it’s business as usual – as if the lawsuit against Ripple and the $125M fine never happened.”
