Ripple unveils $750M share buyback, targets $50B valuation

Ripple launches a $750M share buyback for early investors, aiming for a $50B valuation. The offer runs through April and follows a $500M funding round in November.

Ripple has announced a $750 million share buyback program, targeting early investors and employees. This initiative aims to boost the company’s valuation to $50 billion. The tender offer will remain open through April and follows a $500 million funding round in November, which previously valued Ripple at $40 billion. The buyback is designed to provide liquidity for long-term holders and signals growing confidence in Ripple’s business beyond its association with XRP. Recent acquisitions and expansion into new financial services have further contributed to the company’s growth trajectory. Despite ongoing market pressures and speculation about a potential IPO, Ripple has clarified that it currently has no plans to go public. This move highlights Ripple’s commitment to strengthening its position among the most valuable companies in the crypto sector.