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Ripple News: VivoPower Sells Ripple Labs Stake to KOSDAQ Market

Ripple News: VivoPower Sells Ripple Labs Stake to KOSDAQ Market WikiBit 2026-02-06 21:39

Key Insights: As per the latest Ripple news, VivoPower sells its Ripple Labs stake and links the transaction to South Korea’s KOSDAQ market. The deal

At the same time, VivoPower confirmed that Lean Ventures will acquire the balance of its Ripple Labs shares. Lean Ventures is based in South Korea. The acquisition follows a partnership agreement first announced in December 2025.

VivoPower stated that all Ripple Labs-related transactions will occur at market value. The company also noted that each transfer remains subject to Ripple Labs internal approval process. These conditions apply to both the KWeather and Lean Ventures portions of the deal.

The Ripple news disclosed that the company emphasized that it will not hold digital assets directly on its balance sheet. It also said it has not recorded any aggregate unrealized losses tied to its digital asset positions.

Ripple News and VivoPowers Strategic Shift

This Ripple news shift suggests a shift in VivoPowers business priorities. The company said it will continue to focus on scaling its data center infrastructure operations. These assets support AI-focused computing needs across several regions.

VivoPower operates in the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. It holds B Corp certification and follows a “power to X” strategy. That strategy centers on developing and owning power and data center infrastructure designed for low-cost, sustainable operations.

The company clarified that the Ripple Labs divestment does not signal a broader shift into digital asset accumulation. Instead, it framed the transaction as a restructuring of legacy holdings tied to earlier blockchain exposure.

VivoPower also reiterated that it is not acquiring cryptocurrencies. According to Ripple news, the firm stressed that its balance sheet will remain free of direct digital asset ownership following the completion of the transactions.

Business Units and Remaining Ripple Exposure

Despite the sale, Ripple remains useful to VivoPower through its internal structure. The company confirmed that exposure to Ripple Labs shares and blockchain use cases now sits within Vivo Federation. That unit is among three business segments currently under review.

Other companies under VivoPower are Tembo and Caret Digital. Tembo specializes in electric solutions for tailored fleet applications. In addition, it engages in other energy infrastructure. Caret Digital focuses on digital asset mining and renewable energy.

The three units are currently being spun out and divested. VivoPower has not given an account of such transactions. As per this Ripple news, the company said that the restructuring is in line with its long-term infrastructure strategy.

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