VivoPower is unloading its Ripple Labs stake to KWeather and Lean Ventures at market value, booking no digital-asset losses as it pivots fully into AI-focused data center infrastructure.
Summary
- VivoPower will transfer part of its Ripple Labs stake to KOSDAQ-listed KWeather in exchange for a 20% equity position, with the rest going to South Korea’s Lean Ventures.
- The company says it has incurred no realized or unrealized losses on its digital assets and will keep its balance sheet free of direct token exposure after the divestment.
- Ripple-linked exposure will sit inside Vivo Federation, now under strategic review alongside Tembo and Caret Digital, as VivoPower focuses on AI-ready, renewable-powered data centers.
VivoPower International PLC announced the sale of its Ripple Labs stake through a transaction linked to South Korea’s KOSDAQ market, according to a company disclosure.
VivoPower announces sale of Ripple Labs stake
The Nasdaq and Frankfurt Exchange-listed company stated that part of its Ripple Labs holdings will transfer to KWeather Co., a KOSDAQ-listed entity. The transaction will grant VivoPower a 20 percent equity stake in KWeather, the company reported.
The remaining Ripple Labs shares held by VivoPower will transfer to Lean Ventures, a South Korean firm, pursuant to a partnership agreement announced in December 2025, according to the company statement.
VivoPower stated that all Ripple Labs-related transactions will occur at market value and remain subject to Ripple Labs’ internal approval process. The company reported that it has not recorded aggregate unrealized losses tied to its digital asset positions.
The divestment marks VivoPower’s exit from direct digital asset exposure, the company said. VivoPower stated the transaction aligns with its strategic focus on data center infrastructure operations supporting artificial intelligence computing needs across the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia.
The company clarified that the Ripple Labs divestment does not indicate broader digital asset accumulation plans and stated its balance sheet will remain free of direct digital asset ownership following completion of the transactions.
Exposure to Ripple Labs shares and blockchain use cases now resides within Vivo Federation, one of three business segments currently under review for divestiture, according to the company. The other units include Tembo, which provides electric solutions for fleet applications and energy infrastructure, and Caret Digital, which focuses on digital asset mining and renewable energy.
VivoPower holds B Corp certification and operates under a “power to X” strategy centered on developing power and data center infrastructure designed for low-cost, sustainable operations, the company stated.
