The Vivopower company, which is traded on the Nasdaq stock exchange, announced a new investment strategy to strengthen its digital asset portfolio. The company aims to invest indirectly in XRP, one of the biggest alternatives in the crypto currency market. In this context, Ripple $3.32 It aims to have more say on XRP by purchasing its company’s shares.
New Investment Strategy
According to the statements, Vivopower plans to receive a total of $ 100 million Ripple shares. With the purchase of this shares, the company will be exposed to XRP more. Ripple is currently known as the largest owner of the XRP token. For this reason, it is stated that the investment in Ripple shares makes it possible to have an indirect XRP presence.
The company’s new strategy aims to get a position from an average value of $ 0.47 per XRP. This price also complies with the current value of XRP in the markets. Company officials say that they consider the future value potential of XRP through Ripple.
Explanations from the company
The statement made by Vivopower administration includes the following statements:
“With this investment, we aim to provide diversity in the digital asset portfolio of our company and to benefit from the long -term potential of XRP.”
The statement emphasizes that the indirect XRP ownership obtained with Ripple shares can offer a more effective risk management.
The company also points out that volatility is high in crypto currency markets and shaping their strategies considering this risk factor. Management also states that the shares to be taken offer a cost -effective approach.
Expert opinions and sectoral impact
Experts consider Vivopower’s investment in Ripple shares as an indicator of the search for diversity in the digital asset market. Such investments are thought to be preferred by similar companies in the coming period.
Analysts closely follow the XRP’s situation in the market and the effect of Ripple on this crypto currency. Investing in Ripple shares can provide an indirect return to investors without direct investment in crypto assets.
Companies are updating their investment strategies in various ways in the digital asset market. This step by Vivopower also raises the opinion that alternative investment routes can increase throughout the sector.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
