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Mining Discovery

Mining Discovery

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Mining industry community and insights.

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VivoPower Strikes $4.3M Deal with KWeather and Lean Ventures to Exit Ripple Labs Holdings
Deals•Feb 5, 2026

VivoPower Strikes $4.3M Deal with KWeather and Lean Ventures to Exit Ripple Labs Holdings

VivoPower International PLC entered a definitive agreement with KWeather Co., Ltd, under which KWeather will acquire the economic rights to a portion of VivoPower’s Ripple Labs share holdings in exchange for $4.3 million of KWeather shares, giving VivoPower a 20% stake. The remaining Ripple Labs shares will be sold to Lean Ventures. The transaction enables VivoPower to exit its digital-asset portfolio without incurring realized or unrealized losses.

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