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Ripple Approves $300M Fund for Institutional Investors

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XRP
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Ripple has approved a $300M fund for institutional investors, led by VivoPower International. Lean Ventures, a Seoul-based asset manager, will oversee the fund, which focuses on buying Ripple shares. The move aligns with Ripple’s multi-chain RLUSD strategy. South Korean firms like K-Weather are showing interest. TA for crypto suggests the risk-to-reward ratio is favorable for early entrants. VivoPower shares rose 13% after the announcement.
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