VivoPower claims its swap strategy allows it to accumulate XRP at a low cost, at a 65% discount.

PANews reported on September 17th that, according to The Block, XRP treasury company VivoPower International (stock code: VVPR) announced on Tuesday that its mining subsidiary, Caret Digital, will expand its operations and exchange mined tokens for XRP, a move that will give the company exposure to the cryptocurrency at an effective discount of 65%. The company did not specify how much XRP it expects to acquire or which mined tokens will be exchanged. VivoPower stated that its XRP reserve strategy is twofold: combining token exchanges from mining activities with Ripple equity acquisitions to reduce the average acquisition cost while deepening exposure to the XRP ecosystem.

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Author: PA一线

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