Companies Double Down on XRP After SEC Case Ends, VivoPower Leads $100M Ripple Bet

VivoPower International PLC (NASDAQ: VVPR), a Nasdaq-listed solar energy firm, jumped more than 32% on Friday after announcing a $100 million initiative to acquire privately held Ripple Labs shares.

The move marks a first for a U.S.-listed company combining equity in Ripple with direct XRP token holdings. CEO Kevin Chin said the dual strategy aims to maximize returns while lowering the average cost of XRP acquisition. If Ripple’s executive team approves, VivoPower will buy shares from existing holders via Nasdaq Private Market, Ripple’s preferred platform for private share transactions, with BitGo providing custody and settlement services.

Quarterly audits will verify holdings. Management estimates the approach could cut the company’s implied XRP acquisition cost to $0.47 per token, well below current market levels, potentially boosting shareholder value by more than $5 per share for every $10 million invested in Ripple equity.

Ripple, best known for its XRP token, also operates the RLUSD stablecoin and maintains stakes in multiple digital asset ventures, including custody and payment infrastructure providers. The recent resolution of Ripple’s high-profile legal battle with U.S. regulators appears to be fueling renewed interest in XRP adoption.

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BlackRock Shuts Down XRP ETF Speculation Despite Ripple’s Legal Win

Adding to the momentum, Digital Wealth Partners Management (DWP Management) revealed it has raised nearly $200 million for its investment funds since April — entirely in XRP. The firm enables accredited investors to contribute digital assets directly, avoiding fiat conversion and ensuring institutional-grade custody, compliance, and flexible position management.