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VivoPower invests $100M in Ripple, buying shares at a discount, boosting its stock 37.56%.
VivoPower International PLC plans to invest $100 million in Ripple Labs, acquiring shares at a discount to gain exposure to XRP tokens and other business units.
This move aims to provide shareholders with enhanced value and exposure to Ripple's blockchain technology, potentially at a significant discount compared to market prices.
VivoPower's shares rose 37.56% to $5.31 on the news, indicating market optimism.
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VivoPower invierte $ 100M en Ripple, comprando acciones con un descuento, aumentando sus acciones un 37,56%.