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GlobeNewsWire
1 month ago
VivoPower Enters Heads of Agreement with KOSDAQ Listed KWeather to Launch Initial US$5 Million XRP Focused Digital Asset Reserve & WeatherCoin Tokenization Project in South Korea
KWeather is South Korea's largest weather data company, founded in 1997 and publicly listed since 2024 KWeather's objective is to be the first and only publicly listed South Korean company providing exposure to XRP and Ripple Labs shares VivoPower will have 2 out of 5 representatives on KWeather's board and become its 2 nd largest shareholder with ~20% stake in the company Vivo Federation, VivoPower's newly launched digital assets division, will be KWeather's exclusive crypto and tokenization partner to launch the world's first WeatherCoin token for climate risk management KWeath er's digital asset treasury strategy is to grow its underlying XRP holdings, systematically buying VivoPower shares with proceeds from capital raisings LONDON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") today announced that it has signed an exclusive heads of agreement with Kweather Co., Ltd., a KOSDAQ-listed company (“KWeather”).