Well-known blockchain company Ripple is said to be launching a $750 million share buyback programme, raising its valuation to around $50 billion, according to a report from Bloomberg.
Employees and early investors will be able to sell shares back to the company, while Ripple remains privately held. The buyback is believed to remain open until April.
The move represents a sizeable increase in valuation compared with the company’s $40 billion valuation during a $500 million funding round in November. That investment round included participation from major financial firms like Citadel Securities and Fortress Investment Group.
Ripple has not officially confirmed the details of the buyback, but the move follows a pattern of similar liquidity programmes. The company repurchased $285 million worth of shares at a valuation of about $11.3 billion in January 2024. CEO Brad Garlinghouse stated then that regular buybacks could provide liquidity for investors without going for a public listing.
Despite recent volatility in the crypto market, Ripple has continued to expand its business. The company spent a large sum on acquisitions in 2025. The deals included the $1.25 billion purchase of prime broking firm Hidden Road. This acquisition was meant to broaden its services beyond cross-border payments.
The buyback also comes during a challenging time for the broader crypto market. Bitcoin has fallen more than 40% from its October highs, while XRP has dropped by over 50% during the same period.
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