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Ripple Attracts $300M Institutional Bet as VivoPower Launches Korean Investment Vehicle

Paul Adedoyin
2 hours ago Updated 32 minutes ago
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
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Ripple and VivoPower visual as Korean-focused fund expands institutional access to Ripple equity and XRP-linked growth

Highlights

  • VivoPower secures Ripple's approval to launch a $300M investment vehicle with Korean asset manager, Lean Ventures.
  • Korean demand and regulatory progress support Ripple investment vehicle approval in Korea.
  • VivoPower stock surges 13% as company projects $75M revenue over three years.

Ripple Labs has given an authorization to VivoPower International to launch a $300 million investment fund. VivoPower will run the fund through a joint venture with the South Korean asset manager, Lean Ventures, increasing institutional access to Ripple’s equity.

How Will VivoPower Access Ripple Labs Shares? 

The investment vehicle will be managed by Lean Ventures according to the official statement. The Seoul-based firm is also the fund manager for the South Korean government and private investors. Hence, its support provides the new business with greater credibility.

K-Weather, which is a Korean company, has also shown interest in becoming a member of the fund. Vivo federation, the digital asset division of VivoPower, will be in charge of finding and buying the Ripple Labs shares.

Ripple has already granted written consent to the first batch of preferred shares. This is part of Ripple’s overall expansion strategy, encompassing its multi-chain RLUSD strategy.

Efforts are currently being done to negotiate with existing institutional shareholders to reach the $300 million mark. Regulatory advancements also support this institutional interest, including the recent OCC banking license for Ripple in the U.S.

VivoPower expects to earn at least $75 million from management and performance fees over a period of three years. This estimate depends on the size of the fund at present. Hence, any increase in the future valuation of Ripple Labs will be an additional benefit to the company.

Ripple Investment Strategy Is Based On Korean Demand

According to Adam Traidman, the Chairman of the Advisory Council of VivoPower, the strategic value of Korea is vital. According to him, Korean investors will gain access to Ripple equity at lower prices than XRP market valuations.

Managing Partner of Lean Ventures, Chris Kim, confirmed the strong demand for Ripple-related products in Korea. He also said that crypto investors in Korea are always eager to invest in opportunities associated with XRP. This interest is backed with recent developments in the network, like the XRPL upgrade that helps improve stability and DeFi functionality.

VivoPower also intends to own a 20% stake in K-Weather. Hence, it is currently carrying out its due diligence. Such a step would ensure the firm dominates the South Korea digital asset market.

Why Did VivoPower Shares Jump?

VivoPower’s stock jumped 13% to $2.88 following the announcement, per Yahoo Finance data. Crypto analyst Crypto Eri said the fund is designed to give investors exposure to Ripple and XRP-linked growth. Recent developments like Gemini adding RLUSD support on XRPL have further boosted investor confidence in the Ripple ecosystem.

She noted that the structure may offer a material discount to spot market pricing. The analyst further restated that the structure targets return over a three-year period.

VivoPower stock surges 13% as investors react to $300M Ripple-linked Korean investment fund announcement
Sharp Rise in VivoPower Shares
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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