VivoPower will purchase $100 million worth of Ripple shares.

[VivoPower will acquire $100 million worth of Ripple shares] VivoPower International PLC announced today that it will acquire shares in Ripple Labs as part of its XRP-focused digital asset fund management strategy. After two months of due diligence, VivoPower has planned to purchase $100 million worth of privately held Ripple shares. This includes reaching a final agreement directly with existing Ripple shareholders and requires final approval from Ripple's executive team. In addition to these transactions, VivoPower will also continue to directly acquire and hold XRP Tokens. Ripple minted a fixed supply of 100 billion XRP tokens at its inception. Given that approximately 14 million XRP tokens have been destroyed so far, the network is currently in a mildly deflationary state. Ripple continues to hold 41 billion XRP tokens, primarily in a custodial form. Additionally, Ripple has several operational businesses, including its stablecoin RLUSD, the digital asset major broker HiddenRoad, MetaCo, and Standard Custody and Trust Company, as well as the recently acquired stablecoin payment platform company Rail. Using the weighted average method, this strategy aims to keep the acquisition cost per share of XRP Token significantly below the market price of XRP. For every 10 million dollars worth of XRP acquired, VivoPower shareholders expect to gain an appreciation of 5.15 dollars per share (this appreciation is based on factors such as the current market prices of VVPR, XRP, and the weighted average acquisition price of XRP, all of which may fluctuate and change).