VivoPower, a Nasdaq-listed company, plans to acquire a $300 million stake in Ripple Labs through its digital asset division, Vivo Federation. This move is part of a joint venture with South Korean asset management firm Lean Ventures, aiming to provide indirect access to nearly $1 billion in XRP assets. VivoPower has received approval from Ripple to purchase initial preferred shares and is negotiating with existing institutional shareholders for further acquisitions. The acquisition will not involve direct XRP purchases. Instead, Lean Ventures will create an investment vehicle to hold the Ripple Labs shares, targeting institutional and accredited investors in South Korea. VivoPower will not use its own funds but will earn through management fees and performance-based compensation, with a projected net economic return of $75 million over three years if the initial mandate is fulfilled.