Korean VivoPower Unveils $300M Ripple Equity Fund — Will Institutional Investment Revitalize XRP?

XRP Price Performance: XRP is currently trading at $1.99, experiencing a decline of 1.71% over the past week and 11.57% over the last month, remaining below the $2.00 psychological threshold despite growing institutional interest in Ripple.

VivoPower's Ripple-Approved Fund: VivoPower International has received approval from Ripple to establish a $300 million institutional investment fund focused on Ripple's equity, targeting large investors and reflecting a shift towards structured and regulated investment approaches.

Strategic Focus on South Korea: The fund's strategy emphasizes South Korea, where institutional interest in Ripple's growth is strong, and regulatory clarity is improving, making it an attractive market for long-term investments in digital assets.

Institutional Confidence and Revenue Expectations: The fund's launch aligns with Ripple's regulatory advancements, including obtaining a banking license, and is expected to generate significant management fees, indicating a trend towards private equity-style investments in the crypto sector.