How a $300 mln Ripple fund revealed Korea’s crypto obsession
VivoPower International PLC has turned a standard joint venture agreement into a strategic expansion play.
It now connects Seoul’s institutional crypto markets with the private equity of Ripple Labs, one of the industry’s most prominent blockchain companies.
Additionally, its digital asset arm, Vivo Federation, has partnered with licensed South Korean asset manager Lean Ventures to create a dedicated investment vehicle.
This fund will target the purchase of $300 million in Ripple Labs shares, tapping directly into the strong retail and institutional demand for Ripple [XRP]-linked assets.
The initiative will advance within South Korea’s massive crypto market, a region often overlooked in Western coverage.
