VivoPower Establishes South Korean Office and Appoints Local Representative Director
VivoPower International (NASDAQ: VVPR) has announced the establishment of a South Korean office and appointed Mr. Chris Kim as local representative director. This strategic move follows the company's participation in XRP Seoul and Korea Blockchain Week.
The expansion targets South Korea's significant digital asset market, which holds $30 billion of XRP circulating supply, representing 20% of the total. Mr. Kim, a seasoned venture capitalist formerly with Lean Ventures and various investment firms, will lead VivoPower's engagement with South Korea's XRP-friendly ecosystem.
VivoPower International (NASDAQ: VVPR) ha annunciato l'apertura di un ufficio in Corea del Sud e la nomina di Mr. Chris Kim quale direttore rappresentante locale. Questa mossa strategica segue la partecipazione dell'azienda a XRP Seoul e Korea Blockchain Week. L'espansione punta al mercato significativo degli asset digitali della Corea del Sud, che conta 300 milioni di XRP in circolazione, pari al 20% del totale. Il signor Kim, investitore diventure con esperienza che ha lavorato con Lean Ventures e diverse realtà di investimento, guiderà l'impegno di VivoPower nell'ecosistema XRP-friendly della Corea del Sud.
VivoPower International (NASDAQ: VVPR) ha anunciado la creación de una oficina en Corea del Sur y ha designado al Sr. Chris Kim como director local representante. Este movimiento estratégico sigue a la participación de la empresa en XRP Seoul y Korea Blockchain Week. La expansión apunta al importante mercado de activos digitales de Corea del Sur, que cuenta con 30 mil millones de XRP en circulación, representando 20% del total. El Sr. Kim, un experimentado venture capitalist que trabajó previamente en Lean Ventures y varias firmas de inversión, dirigirá el compromiso de VivoPower con el ecosistema XRP-friendly de Corea del Sur.
VivoPower International (NASDAQ: VVPR)는 한국에 사무소를 설립하고 현지 대표 이사로 크리스 김 씨를 임명했습니다. 이 전략적 조치는 회사가 XRP Seoul 과 Korea Blockchain Week에 참여한 데 이어 이루어졌습니다. 확장 계획은 한국의 중요한 디지털 자산 시장을 겨냥하며, 300억 XRP가 순환 공급으로 남아 전체의 20%를 차지합니다. Lean Ventures 및 여러 투자 firms에서 활동했던 숙련된 벤처캐피탈리스트인 김 씨가 한국의 XRP 친화적 생태계와의 VivoPower의 참여를 이끌 것입니다.
VivoPower International (NASDAQ: VVPR) a annoncé l'ouverture d'un bureau en Corée du Sud et la nomination de M. Chris Kim en tant que directeur représentant local. Cette démarche stratégique fait suite à la participation de l'entreprise à XRP Seoul et Korea Blockchain Week. L'expansion vise le marché important des actifs numériques de la Corée du Sud, qui compte 30 milliards de XRP en circulation, représentant 20% du total. M. Kim, un capital-risqueur chevronné ayant travaillé chez Lean Ventures et dans diverses sociétés d'investissement, dirigera l'engagement de VivoPower avec l'écosystème XRP-friendly de la Corée du Sud.
VivoPower International (NASDAQ: VVPR) hat die Eröffnung eines Büros in Südkorea bekannt gegeben und Herrn Chris Kim als lokalen Geschäftsführer ernannt. Dieser strategische Schritt folgt auf die Teilnahme des Unternehmens an XRP Seoul und Korea Blockchain Week. Die Expansion zielt auf den bedeutenden Markt für digitale Vermögenswerte in Südkorea ab, der 30 Milliarden XRP im Umlauf hat und damit 20% des Gesamtvolumens ausmacht. Herr Kim, ein erfahrener Venture-Capital-Investor, der zuvor bei Lean Ventures und verschiedenen Investmentfirmen tätig war, wird die Zusammenarbeit von VivoPower mit dem XRP-freundlichen Ökosystem Südkoreas leiten.
أعلنت شركة VivoPower International (المدرجة في ناسداك: VVPR) عن افتتاح مكتب في كوريا الجنوبية وتعيين السيد كريس كيم كمدير ممثل محلي. ت جاءت هذه الخطوة الاستراتيجية عقب مشاركة الشركة في XRP Seoul وKorea Blockchain Week. تستهدف خطط التوسع سوق الأصول الرقمية الهام في كوريا الجنوبية، والذي يحوز على 300 مليار XRP قيد التداول، وهو يمثل 20% من الإجمالي. سيقود السيد كيم، وهو مستثمر مخاطر متمرس عمل سابقاً مع Lean Ventures وشركات استثمارية عدة، تفاعل VivoPower مع النظام البيئي الصديق لـ XRP في كوريا الجنوبية.
VivoPower International（纳斯达克：VVPR）宣布在韩国设立办公室，并任命 Chris Kim先生 为当地代表董事。这一举措是在公司参与 XRP Seoul 与 Korea Blockchain Week 之后进行的。扩张面向韩国重要的数字资产市场，该市场的 在流通中的 XRP 总量为 300 亿 XRP，约占总量的 20%。Kim 先生是一位资深风险投资人，曾在 Lean Ventures 与多家投资公司任职，将领导 VivoPower 与韩国 XRP 友好生态系统的对接。
- Strategic expansion into South Korea, which holds 20% of total XRP circulating supply ($30B)
- Appointment of experienced venture capitalist Chris Kim with extensive local market knowledge
- Entry into South Korea's digital asset-friendly ecosystem with high XRP adoption
- None.
Strategic move affirms VivoPower’s commitment to the important South Korean market
VivoPower presented at XRP Seoul and attended Korea Blockchain Week
South Korea holds
LONDON, Sept. 29, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (the "Company"), a publicly traded company listed on NASDAQ with an XRP-centric treasury strategy, today announced the establishment of a South Korean office and the appointment of a local representative director, Mr. Chris Kim. This affirms VivoPower’s long-term commitment to the strategically important South Korean market and follows a successful week where VivoPower presented at the XRP Seoul event together with its partner, Girin’s Doppler Finance, and attended Korea Blockchain Week.
Mr. Kim is a seasoned venture capitalist who has successfully managed his own funds as the managing partner of Lean Ventures and previously worked for Platform Partners Asset Management, Pine Venture Partners, Union Investment Partners, Hyundai Corporation, and Mitsui & Co. in Canada.
Mr. Kim said: “I am honored to be joining the VivoPower team and look forward to helping expand its activities and presence in the South Korean market. South Korea is a digital asset-friendly ecosystem with a very high rate of XRP ownership across the population, and VivoPower is well-positioned to engage with this community and beyond.”
Mr. Kevin Chin, Executive Chairman and CEO of VivoPower, said: “We are delighted to welcome Mr. Chris Kim to the VivoPower team, given his extensive rolodex and deep knowledge of the South Korean market. As announced previously, we see South Korea as a strategic long-term market for us in the context of building our XRP focused digital asset treasury and decentralized finance solutions business unit, as well as our other businesses.”
About VivoPower
VivoPower International PLC (NASDAQ: VVPR) is a sustainability-driven enterprise undergoing a digital treasury transformation. The Company’s new direction centers on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy. Through this shift, VivoPower aims to contribute to the growth and utility of the XRP Ledger (XRPL) by supporting decentralized finance (DeFi) infrastructure and real-world blockchain applications.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower operates with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. An award-winning global sustainable energy solutions B Corporation, VivoPower has two business units, Tembo and Caret Digital. Tembo is focused on electric solutions for off-road and on-road customized and ruggedized fleet applications as well as ancillary financing, charging, battery and microgrids solutions. Caret Digital is a power-to-x business focused on the highest and best use cases for renewable power, including digital asset mining.
Forward-Looking Statements
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Media Contacts
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FAQ
Why did VivoPower (VVPR) establish an office in South Korea?
Who is Chris Kim, VivoPower's new South Korean representative director?
What percentage of XRP's total circulating supply is held in South Korea?
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