VivoPower Launches $300M Fund with Lean Ventures for Ripple Investment

TLDR

• VivoPower launches a $300M investment fund with Lean Ventures to access Ripple’s equity and XRP-linked growth.
• The fund is managed by Lean Ventures, a firm with strong ties to South Korean investors and government funds.
• Ripple has approved the purchase of preferred shares as part of its multi-chain RLUSD expansion strategy.
• VivoPower expects $75M in management fees over three years from the fund, with additional revenue potential.
• VivoPower’s stock surged 13% to $2.88, with after-hours activity pushing the price to $2.91.

Ripple Labs has granted approval to VivoPower International to launch a $300 million investment fund. VivoPower will manage this fund in collaboration with the South Korean asset manager, Lean Ventures. This fund aims to provide institutional access to Ripple’s equity and XRP-linked growth.

VivoPower Partners with Lean Ventures for Ripple Investment

The investment vehicle will be managed by Lean Ventures, a Seoul-based firm. Lean Ventures is known for managing funds for both private investors and the South Korean government. This partnership adds credibility to the new business and helps it gain more institutional attention.

VivoPower’s digital asset division, Vivo Federation, will oversee the purchase of Ripple Labs shares. Ripple has already given its consent to the first batch of preferred shares. These shares are part of Ripple’s broader expansion strategy and its multi-chain RLUSD initiative.

The fund’s structure is designed to attract institutional investors, aiming for a $300 million investment. Efforts are underway to negotiate with existing institutional shareholders to meet this goal. Recent regulatory progress, such as Ripple’s OCC banking license in the U.S., has strengthened institutional confidence in Ripple’s potential.

VivoPower Eyes Strong Revenue from Fund Management

VivoPower expects to earn $75 million in management and performance fees over a three-year period. This figure depends on the fund’s current size and performance. If the Ripple valuation increases, VivoPower could see additional revenue gains.

Chris Kim, Managing Partner of Lean Ventures, confirmed strong demand for Ripple-related products in Korea. He noted that Korean investors have consistently shown interest in XRP-linked investment opportunities. This demand is driven by recent network upgrades, such as the XRPL upgrade, which enhances stability and DeFi functionality.

K-Weather, a Korean company, has also expressed interest in joining the investment vehicle. VivoPower is currently conducting due diligence on this potential partnership. VivoPower aims to strengthen its position in the South Korean digital asset market through this venture.

VivoPower Stock Surges 13% with Strong After-Hours Activity

Tracking the stock performance following the partnership at the time of press, Market Watch data confirms that the stock price of VivoPower International PLC closed at $2.88, showing a 13.39% increase. After hours, the price rose by 1.04%, reaching $2.91. The after-hours volume recorded was 62.77K shares.

The total daily trading volume was 3.72 million, which is 654% higher than the 65-day average of 569.15K. The day’s price ranged between $2.77 and $3.20. The 52-week range for the stock is between $0.62 and $8.88. The after-hours trading data shows some fluctuations, peaking above $3.00 before settling lower. The stock has seen notable activity in the latter part of the day, reflecting increased investor interest.

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