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VivoPower soars on $300M Ripple-focused South Korea JV deal
short by / on Friday, 12 December, 2025
VivoPower shares jumped 18% after its digital asset unit formed a South Korean joint venture with Lean Ventures to build a $300M vehicle for acquiring Ripple Labs shares. Vivo Federation secured approval for an initial tranche and is negotiating more, with the JV expected to deliver about $75M in net returns over three years without using VivoPower own capital.
read more at Stocktwits