NewsBTC 2026-03-11 19:40:07

Ripple Launches $750 Million Share Buyback, Boosting Valuation To $50 Billion

Blockchain payments giant Ripple has initiated a share buyback program that positions the company at a substantial valuation of $50 billion. Ripple Revives Share Buyback Effort According to a Wednesday report from Bloomberg, Ripple plans to repurchase up to $750 million in shares from both investors and employees. The plan is set to run through April, as disclosed by sources familiar with the situation. This new buyback effort follows a previous attempt in September, when Ripple aimed to buy back $1 billion worth of shares. However, that initiative fell short, as the company’s participation rate was notably low compared to earlier rounds of tender offers. Related Reading: XRP Price Outlook: Analyst Foresees New All-Time Highs Above $40 In 2026 During that attempt, Ripple had valued the company at $40 billion but struggled to attract interest from current shareholders, suggesting that many were reluctant to part with their stakes in what they believed to be a promising venture. Despite the recent buyback news, the blockchain payment company has consistently maintained that it has no plans to take Ripple public in the United States. Meanwhile, a growing number of crypto firms, including giants such as Circle (CRCL) and Gemini (GME), have launched their own initial public offerings (IPOs) in the US over the past year, amid a notable shift toward a pro-crypto environment among regulators. XRP Price Sees Minor Recovery In connection with the buyback announcement, XRP, Ripple’s associated digital asset, experienced a slight rebound, reaching approximately $1.39 at the time of writing. Related Reading: Top Analyst Suggests Solana May Surpass XRP In Market Value: Here’s Why And When However, the fifth-largest cryptocurrency by market capitalization continues to face challenges in all time frames, recording losses between 4% and 5% over the past seven to fourteen-day period, respectively. Featured image from OpenArt, chart from TradingView.com

En Okunan haberler

What Happened in the Aave Oracle Incident? $2...
2026-03-11
Gold Price Soars: Bullion Holds Firm Above $5...
2026-03-11
China’s DeepSeek AI Predicts the Price of XRP...
2026-03-11
KRW Defense: Bank of Korea’s Critical Battle...
2026-03-11
Netflix’s $600 Million AI Gamble: How Ben Aff...
2026-03-11
SEC CFTC MOU: Historic Agreement Forges Unifi...
2026-03-11
Is Binance’s CZ Really Richer than Bill Gates...
2026-03-11
South Korea Crypto Law Faces Critical Delay A...
2026-03-11

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez