On December 18, Nasdaq-listed company VivoPower (Stock Code: VVPR) announced that it is expanding its strategy related to Ripple through a new joint venture, which aims to acquire billions of dollars worth of Ripple Labs shares, allowing investors to indirectly access nearly $1 billion worth of underlying XRP assets. The company stated in a Tuesday announcement that its digital asset division, Vivo Federation, has been authorized by Korean asset management firm Lean Ventures to initially purchase $300 million worth of Ripple Labs equity. Based on the current XRP price, VivoPower estimates that this equity represents approximately 450 million XRP tokens, valued at about $900 million. However, this structure does not involve direct purchase of XRP. Instead, Lean Ventures plans to establish a dedicated investment vehicle holding the Ripple Labs shares purchased by Vivo Federation, targeting institutional and qualified individual investors in Korea. VivoPower stated that it has received Ripple's approval to purchase the initial preferred shares and is negotiating further acquisitions with existing institutional shareholders. Under this arrangement, VivoPower will not deploy its own balance sheet funds but will generate revenue through management fees and performance sharing. If the initial $300 million entrusted amount is achieved, the company aims to realize a net economic return of $75 million within three years.