$300M Ripple Fund Goes Live — Institutions Choose Equity Over XRP
2 Articles
2 Articles
$300M Ripple Fund Goes Live — Institutions Choose Equity Over XRP
The post $300M Ripple Fund Goes Live — Institutions Choose Equity Over XRP appeared on BitcoinEthereumNews.com. XRP trades near $1.99 as of writing, down 1.71% over the past seven days and 11.57% over the last 30 days. Price weakness has kept the token below the psychological $2.00 level, even as institutional attention around Ripple continues to grow. While XRP consolidates, a new development highlights how large investors now seek exposure bey…
VivoPower establishes joint venture to acquire $300M in Ripple Labs shares, stock jumps 12%
South Korean investors gain unique access to Ripple Labs shares through new joint venture, with VivoPower earning fees while avoiding capital risk. Photo: Thomas Fuller/SOPA Images/LightRocket via Getty Image Key Takeaways Vivo Federation and Lean Ventures will jointly acquire $300 million in Ripple Labs shares for South Korean investors. This investment structure offers VivoPower exposure to Ripple Labs and XRP upside without using its own cap…
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