In an unexpected twist of fate, a Nasdaq-listed company is now making history by placing a $100 million bet on Ripple shares and XRP tokens, offering a bizarre new way to profit from the crypto-equity circus.
First US-Listed Company to Offer Shareholders Both Ripple Equity and XRP Token Exposure
Vivopower International Plc (Nasdaq: VVPR), a company you’ve probably never heard of, just dropped a bombshell on the crypto world. On August 8, after what can only be described as a “comprehensive” two-month due diligence review (which likely involved a lot of coffee), it announced plans to allocate $100 million to purchase privately held Ripple shares. That’s right, you heard it: $100 million. The deal will happen through direct agreements with existing Ripple shareholders, but only if some executives don’t mind signing a few papers first.
“In addition to these high-stakes transactions,” Vivopower confirmed, “we’re also going to acquire and hold XRP tokens like they’re going out of style,” because why not?
Vivopower will become the first and only publicly listed company in the United States to offer shareholders the chance to dabble in both Ripple shares and XRP tokens. A revolutionary move, or an investment nightmare? Only time will tell.
Apparently, Vivopower isn’t just throwing money around for fun. According to the company, “This dual-pronged strategy is designed to acquire XRP tokens at a discount that is ‘exceptionally favorable’ compared to the current market price of XRP.” In layman’s terms, they think they’re getting a good deal, which is always reassuring when you’re investing someone else’s money.
Now, for some context: Ripple (not to be confused with that annoying sound your drink makes when it’s half-empty) is backed by Andreessen Horowitz and Google Ventures and controls 41 billion XRP tokens, making it the largest XRP holder. The rest of its operations include the RLUSD stablecoin, Hidden Road, Metaco, Standard Custody, and the recently acquired Rail payment platform. Not bad, right?
Kevin Chin, Vivopower’s executive chairman and CEO, had this to say: “The opportunity to acquire Ripple shares and drive down the cost of XRP acquisition is exactly what we need to build a long-term treasury model.” Sure, Kevin, but we’re just here for the ride. He went on:
“Our portfolio strategy is to buy both Ripple shares and XRP tokens, because why pick one when you can gamble on both? This lets us maximize yield while minimizing the cost of XRP-because who doesn’t want to save a few bucks on their crypto stash?”
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2025-08-10 05:59