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 | Taiwan News | Nov. 3, 2025 21:45

VivoPower International PLC (Nasdaq: VVPR) has entered an exclusive, non-binding heads of agreement with Kweather Co., Ltd. (KWeather), South Korea’s largest private weather data company, to form a strategic partnership centered on an initial US$5 million XRP-focused digital asset reserve and the launch of WeatherCoin, a tokenized weather derivative for climate risk management. The parties are targeting a definitive agreement by November 30, 2025.

Key Highlights

• VivoPower plans to invest US$5 million for an approximately 20% stake in KWeather, becoming its second-largest shareholder.
• VivoPower is expected to nominate 2 of 5 board representatives at KWeather.
• KWeather aims to be the first and only publicly listed company in South Korea offering shareholders exposure to XRP and, potentially, Ripple Labs shares.
• Vivo Federation, VivoPower’s new digital assets division, will serve as KWeather’s exclusive crypto and tokenization partner, including the rollout of WeatherCoin.
• KWeather’s treasury strategy includes growing underlying XRP holdings and systematically purchasing VivoPower shares using capital raising proceeds.
• The partnership remains subject to definitive agreements and customary closing conditions.

The Agreement and Strategic Aims

Under the heads of agreement, VivoPower, through its Vivo Federation division, plans to acquire about a 20% stake in KWeather, a company founded in 1997 and listed on KOSDAQ since 2024. KWeather intends to use a portion of proceeds to acquire VivoPower shares while executing a digital asset treasury strategy anchored by XRP holdings. The collaboration seeks to establish KWeather as South Korea’s first publicly listed vehicle offering shareholders exposure to XRP and potential equity exposure to Ripple Labs, subject to market and regulatory conditions.

The parties also plan to co-develop WeatherCoin, a tokenized weather derivative instrument designed for climate and weather risk management use cases. Vivo Federation will be KWeather’s exclusive crypto and tokenization partner for this initiative.

Vivo Federation: Expanding a Digital Asset Strategy

Vivo Federation is a new division launched by VivoPower to extend its Digital Asset Treasury strategy globally. The division is pursuing strategic acquisitions and partnerships with public companies outside the U.S., building a network to develop blockchain-based treasury, payments, and tokenization platforms. These platforms are intended to support clean energy, digital infrastructure, and sustainability-focused projects worldwide.

About KWeather

KWeather is South Korea’s leading private meteorological and air quality data provider, with a long-standing presence since 1997 and a KOSDAQ listing since 2024. The company offers weather and air data-as-a-service (DaaS), as well as air measurement and improvement solutions. Over the years, KWeather has evolved from a traditional weather information provider into a comprehensive weather and air big data platform company.

Executive Commentary

“We are honored to partner with VivoPower to launch our XRP-focused digital asset and blockchain division. We also look forward to welcoming Adam Traidman, former Ripple Labs board member, to our board of directors. With this strategy, we would be the first and only publicly listed company in South Korea to offer shareholders the opportunity to gain exposure to XRP and potentially Ripple Labs shares. Importantly, Mr. Kevin Chin and I share a common vision with regard to blockchain applications and tokenization.” — Dong Sik Kim, CEO of KWeather

“We are delighted to be entering into this partnership with KWeather and look forward to being substantial shareholders and contributing value via our two board seats. South Korea is a strategically important market for Vivo Federation, given that the South Korean people are the largest holders of XRP by number and value in the world. Beyond the XRP-focused digital asset reserve, we are looking forward to building the WeatherCoin token together as a tool for risk management, amongst other use cases.” — Kevin Chin, Executive Chairman of VivoPower

About VivoPower

VivoPower International PLC is an award-winning sustainable energy solutions company undergoing a digital asset transformation. Its strategy centers on the acquisition, management, and long-term holding of XRP as part of a diversified digital treasury approach. The company seeks to support the XRP Ledger ecosystem, decentralized finance infrastructure, and practical blockchain applications.

Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across the UK, Australia, North America, Europe, the Middle East, and Southeast Asia. It has two business units: Tembo, focused on electric solutions for ruggedized fleet applications and supporting charging, battery, and microgrid offerings; and Caret Digital, a power-to-x business focused on high-value use cases for renewable power, including digital asset mining.

WeatherCoin: A Token for Climate Risk Management

WeatherCoin is envisioned as a tokenized weather derivative instrument that leverages KWeather’s extensive weather and air quality data alongside Vivo Federation’s blockchain capabilities. Potential applications include hedging against weather-related operational risks, supporting climate resilience strategies, and enabling new forms of data-driven insurance and sustainability financing.

Conditions and Next Steps

The partnership is subject to negotiation and execution of a definitive agreement and satisfaction of customary closing conditions. There is no assurance regarding final terms, timing, or completion.

Forward-Looking Statements

This article contains forward-looking statements, including expectations regarding the execution of a definitive agreement, investment size and structure, governance outcomes, strategic benefits, and the development and potential utility of WeatherCoin. These statements are based on current assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including market conditions, regulatory developments, competitive dynamics, operational execution, and other factors affecting VivoPower’s and KWeather’s businesses. Neither company undertakes any obligation to update forward-looking statements except as required by law.