<span class="highlight">US Stock listed company VivoPower</span> is planning to acquire a $3 billion stake in Ripple Labs.

By: theblockbeats.news|2025/12/18 13:46:03

BlockBeats News, December 18, according to Coindesk, Nasdaq-listed company VivoPower is expanding its XRP-related strategy through a new joint venture, aiming to acquire a stake worth billions of dollars in Ripple Labs, allowing investors to indirectly hold nearly $1 billion in underlying XRP assets.

The company stated in a press release on Tuesday that its digital asset division, Vivo Federation, has been commissioned by Korean asset management firm Lean Ventures to preliminarily seek to acquire $300 million worth of Ripple Labs shares. Based on the current XRP price estimation, VivoPower believes this stake represents approximately 450 million XRP, valued at around $900 million.

However, the transaction structure does not involve the direct purchase of XRP. Lean Ventures plans to establish a dedicated investment vehicle to hold the Ripple Labs shares acquired by Vivo Federation, with the target investors being Korean institutions and eligible retail investors.

VivoPower stated that it has obtained Ripple's approval to purchase the initial preferred shares and is currently negotiating with existing institutional shareholders to acquire more shares.

DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

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