VivoPower seeks $300 million for Ripple Lab shares.

VivoPower and Lean Ventures Partnership

VivoPower aims to acquire shares of Ripple Labs in collaboration with Lean Ventures. Through this partnership, investors will have indirect exposure to nearly 1 billion dollars worth of XRP.

Strategy for the South Korean Market

The joint venture aims to raise 300 million dollars in equity for Ripple Labs targeting institutional and qualified retail investors in South Korea. This funding will contribute to Ripple's growth while providing significant opportunities for investors.

Expected Earnings from Management Fees

VivoPower expects to earn 75 million dollars through management fees and performance bonuses over the next three years from this initiative. Additionally, it plans to achieve these revenues without using its own capital during this process.