Vivopower International Plc has partnered with South Korea's Kweather Co. Ltd. to launch the world's first Weathercoin token, backed by XRP, for climate risk management. The agreement, set to finalize by November 30, will see Vivopower invest $5 million for a 20% stake in Kweather, marking the first time a publicly listed South Korean company offers exposure to XRP and potential Ripple Labs shares. This initiative aims to integrate XRP into real-world economic systems and sustainability efforts, with Vivopower securing two board seats, including one for former Ripple Labs board member Adam Traidman.
Vivopower and Kweather to Launch XRP-Backed Weathercoin for Climate Risk Management
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