VivoPower gains Ripple approval for $300M equity fund focused on South Korea

VivoPower International says it received Ripple approval to establish a $300 million fund that purchases Ripple Labs equity for institutional investors in South Korea. The joint venture with Seoul-based Lean Ventures targets professional allocators, while XRP trades near $1.99, down 1.71% over seven days and 11.57% over 30 days, remaining under the $2.00 level.