VivoPower to Acquire 211M XRP At 86% Discount: Details

$100M Move: How VivoPower Landed 211M XRP at an Unseen Discount - Blockonomi

TLDR VivoPower announced it will acquire $100 million worth of privately held Ripple shares. The company will purchase 211 million XRP at an 86 percent discount from the current market price. This acquisition will make VivoPower the first US-listed company to be exposed to both Ripple shares and XRP. The transaction will be conducted directly from existing Ripple shareholders after two months of due diligence. VivoPower will work with BitGo for…

VivoPower to Acquire 211M XRP At 86% Discount: Details

Nasdaq-listed VivoPower has announced plans to acquire shares of Ripple as part of its XRP-focused crypto treasury strategy. In an interesting update, VivoPower disclosed it would acquire $100 million worth of privately held shares of Ripple. The acquisition would make it the first US publicly traded firm offering exposure to both Ripple and XRP. VivoPower to Buy Millions of XRP at Premium Discount Specifically, the solar power firm would make t…