VivoPower Forms Joint Venture to Acquire $300M in Ripple Labs Shares

The statement is directly and consistently supported by all four provided sources, including a primary source from VivoPower's own corporate website. The company's official press release explicitly confirms the execution of a '$300 million definitive joint venture agreement' with the specific purpose 'to acquire and hold Ripple Labs shares.' This information is independently corroborated by three other financial news outlets. The high authority of the primary source, combined with the perfect consistency across all secondary sources, provides strong evidence for the statement's truthfulness. There are no contradictions in the evidence. The assessment is therefore 'likely_true' with a high degree of confidence, as the key claims of the statement—the parties involved, the financial value, and the explicit purpose of the joint venture—are all confirmed.