Summary
- Ripple said it plans to repurchase its own shares worth up to $750 million from investors and employees.
- Ripple’s valuation under the buyback program was put at about $50 billion, it said.
- Ripple previously raised $500 million and was valued at about $40 billion at the time, it said.
Forecast Trend Report by Period
Crypto company Ripple is reported to have launched a share buyback program.
According to Bloomberg on the 11th (local time), Ripple plans to repurchase shares worth up to $750 million from investors and employees.
Under the buyback program, the benchmark valuation was put at about $50 billion. Repurchases are set to run through April.
Previously, in November 2025, Ripple raised $500 million in an investment round led by Fortress Investment Group and Citadel Securities, when the company was valued at about $40 billion.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
