【Blockchain Rhythm】On December 18th, Nasdaq-listed company VivoPower announced a major strategic move. Its digital asset division, Vivo Federation, is collaborating with Korean asset management firm Lean Ventures to jointly initiate a new investment plan—by acquiring equity in Ripple Labs, opening an indirect pathway for institutional investors to hold XRP.
The scale of this deal is not small. It is reported that Lean Ventures plans to acquire $300 million worth of equity in Ripple Labs in the first round. Based on the current market price of XRP, this amounts to approximately 4.5 billion XRP tokens, with a total valuation close to $900 million. This clearly shows a carefully planned strategic layout.
Interestingly, this is not a direct purchase of tokens. Lean Ventures intends to establish a dedicated investment vehicle to hold the Ripple Labs shares acquired by Vivo Federation, targeting institutional investors and qualified retail investors in Korea. In other words, investors, by holding this vehicle, gain indirect exposure to the XRP ecosystem.
VivoPower revealed that the company has received Ripple’s approval to purchase its first tranche of preferred shares. They are also negotiating with existing institutional shareholders to acquire more shares. This indicates Ripple’s support for the collaboration, and there may be further transaction opportunities in the future.
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wrekt_but_learning
· 12-20 00:14
It's the same indirect holding strategy again; institutions just love to play tricks... But a $900 million scale definitely has some weight.
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CryptoPunster
· 12-18 05:56
Laughing to death, starting to play the "indirect holding" game again. Why not just go all-in directly?
Big institutions are just good at packaging. Spending 900 million to buy an equity channel, but it's faster to go straight to the exchange ourselves.
The Korean investors teaming up with Nasdaq, this combo sounds like they're just telling a story to the retail investors.
A $300 million appetizer, really think we can't see there's a big feast behind it?
Alright, let's keep watching to see how this move will turn around.
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ChainMaskedRider
· 12-18 05:51
Oh wow, using this kind of backdoor approach again, the institutions really know how to play.
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Anon32942
· 12-18 05:36
Oh wow, it's the same indirect holding strategy again. The institutions really know how to play.
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LonelyAnchorman
· 12-18 05:28
It's another case of saving the country with a curve. Institutions are just smart, bypassing policies to directly acquire Ripple equity. A appetite of 900 million USD is indeed not small.
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ProbablyNothing
· 12-18 05:26
The institutions' approach is getting more and more outrageous, buying equity to manipulate XRP, this move is truly showy.
Public company VivoPower teams up with Korean investors to indirectly hold nearly $1 billion in XRP assets
【Blockchain Rhythm】On December 18th, Nasdaq-listed company VivoPower announced a major strategic move. Its digital asset division, Vivo Federation, is collaborating with Korean asset management firm Lean Ventures to jointly initiate a new investment plan—by acquiring equity in Ripple Labs, opening an indirect pathway for institutional investors to hold XRP.
The scale of this deal is not small. It is reported that Lean Ventures plans to acquire $300 million worth of equity in Ripple Labs in the first round. Based on the current market price of XRP, this amounts to approximately 4.5 billion XRP tokens, with a total valuation close to $900 million. This clearly shows a carefully planned strategic layout.
Interestingly, this is not a direct purchase of tokens. Lean Ventures intends to establish a dedicated investment vehicle to hold the Ripple Labs shares acquired by Vivo Federation, targeting institutional investors and qualified retail investors in Korea. In other words, investors, by holding this vehicle, gain indirect exposure to the XRP ecosystem.
VivoPower revealed that the company has received Ripple’s approval to purchase its first tranche of preferred shares. They are also negotiating with existing institutional shareholders to acquire more shares. This indicates Ripple’s support for the collaboration, and there may be further transaction opportunities in the future.