How a $300 mln Ripple fund revealed Korea’s crypto obsession
The post How a $300 mln Ripple fund revealed Korea’s crypto obsession appeared on BitcoinEthereumNews.com.
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. VivoPower X Ripple Labs In this process, Seoul-based Lean Ventures will establish the dedicated investment vehicle and secure the capital. This detail is crucial because it may involve firms like K-Weather, where VivoPower is finalizing a 20% stake, creating a potential synergy loop within its emerging South Korean ecosystem. The deal’s most significant financial element is its fee structure. Vivo Federation will receive a share of the management fees and performance carry, aiming to generate a net economic return of $75 million for VivoPower over three years. Importantly, VivoPower gains full exposure to the future upside in Ripple Labs and its XRP holdings without committing any of its own balance-sheet capital, giving the company a capital-light path to substantial revenue. Execs weigh in on the merger Remarking on the same, Adam Traidman, Chairman of VivoPower’s Advisory Council, said, “As we have noted previously, South Korea is a highly strategic market for Vivo Federation, given that it is the largest holder by value and number of XRP tokens in the world.” Echoing similar sentiments, Chris Kim, Managing Partner of Lean Ventures, added, “There is significant appetite in South Korea amongst institutional and retail investors seeking to gain exposure…
Filed under: News - @ December 14, 2025 7:01 am