VivoPower (VVPR) International announced that it has signed an exclusive heads of agreement with Kweather, a KOSDAQ-listed company. The heads of agreement is non-binding, and the parties are working towards a definitive agreement by 30 November 2025. VivoPower, through its Vivo Federation division, plans to invest US$5 million in exchange for a ~20% stake in KWeather. KWeather plans to use the funds to buy VivoPower shares and become South Korea’s first and only company to provide exposure to XRP and potential Ripple Labs. Together, the companies plan to launch the world’s first WeatherCoin for applications including climate risk management.
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