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Crypto Potato 2026-03-11 19:43:23

Ripple Targets $50B Valuation With $750M Buyback Amid Major Partnerships

Ripple Targets $50B Valuation With $750M Buyback Amid Major Partnerships

The past 24 hours have been quite eventful for Ripple. According to Bloomberg, the company is launching a share buyback program that values it at roughly $50 billion. The company’s plan is to repurchase up to $750 million in shares from employees and investors. The tender offer is expected to run through the month of April. Recall that Ripple previously raised $500 million at a $40 billion valuation. This happened back in November last year. Investors in that round included Fortress Investment Group, Citadel Securities, and more. As mentioned above, the last 24 hours saw Ripple get enlisted in Mastercard’s new Crypto Partner Program. The goal of that is to connect blockchain-based technology with the firm’s broad payments infrastructure. Moreover, they also announced plans to secure an Australian Financial Services License. To do so, Ripple will be acquiring a local company called BC Payments Australia Pty Ltd, subject to finalizing the standard completion process. That said, XRP’s price has remained flat on this most recent news. At the time of this writing, the cryptocurrency is trading at $1.39, up 0.7% in the past 24 hours. Source: CoinGecko The post Ripple Targets $50B Valuation With $750M Buyback Amid Major Partnerships appeared first on CryptoPotato .

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine