– VivoPower partners with Lean Ventures for $300M Ripple share acquisition – Partnership includes $75 million in management and performance fees over 3 years – VivoPower’s stock price surges 13% following joint venture announcement – Agreement enables discounted Ripple Labs shares access for South Korean investors – XRP remains flat at $1.98 amid broader market volatility

VivoPower International PLC Announces $300M Joint Venture with Lean Ventures

  • VivoPower International executed a $300 million joint venture with Lean Ventures, focusing on acquiring Ripple Labs shares.
  • The investment vehicle will be managed by Seoul-based Lean Ventures, targeting $300 million in Ripple Labs equity.
  • Vivo Federation, VivoPower's digital asset arm, will secure Ripple Labs shares for the fund.
  • Expected earnings from management and performance fees are projected at $75 million over three years.
  • The South Korean market is a strategic focus due to its status as the largest holder of XRP globally.
  • VivoPower's share price increased by 13% following the announcement.
  • XRP remains stable near $1.98 amid market volatility.

VivoPower reported a 13% intraday surge | Yahoo Finance

Maxi Doge Presale Approaches $4.6M Target

  • The Maxi Doge presale has surpassed $4.3 million, nearing its $4.6 million target.
  • Maxi Doge offers a meme-based leverage trading ecosystem with up to 1000x leverage.
  • Each MAXI token is priced at $0.00027, with the next pricing tier expected soon.

Maxi Doge presale