Close Menu
    Facebook X (Twitter) Instagram
    Cloud Tech ReportCloud Tech Report
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Cloud Tech ReportCloud Tech Report
    Home»Crypto News»Altcoins»Ripple to Buy Back $750M in Shares through April: Report
    Altcoins

    Ripple to Buy Back $750M in Shares through April: Report

    March 12, 2026
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Ripple to Buy Back $750M in Shares through April: Report
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email
    kraken

    Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round.

    Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation.

    According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion, 25% higher than the valuation assigned following its $500 million raise in November 2025. The company’s president, Monica Long, said at the time that Ripple had no plans to go public.

    The reported buyback follows Ripple’s expansion of operations beyond the crypto industry, including through the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management system provider GTreasury in October. Earlier this week, the company said that it would move forward with plans for a financial services license in Australia through the acquisition of a local payments firm.

    kraken

    On Monday, Ripple reported that it had processed more than $100 billion in transactions, with its stablecoin, Ripple USD (RLUSD) exceeding a $1 billion market capitalization since its launch in December 2024. The price of XRP (XRP) has fallen more than 53% in the previous six months, trading hands at $1.39 at the time of publication.

    Related: Ripple expands stablecoin payments stack for banks, fintechs

    Data from private shares platform Forge Global showed more than a 9% drop in Ripple’s private share price as of Wednesday.

    Making progress with US national trust bank charter

    In December, the US Office of the Comptroller of the Currency announced that it had conditionally approved Ripple and other crypto companies for national trust bank charters. The company specifically said in its application that the charter would “not be a stablecoin issuer” for RLUSD.

    Magazine: All 21 million Bitcoin is at risk from quantum computers

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

    Source link

    aistudios
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ripple Launches Mint for Institutional RLUSD Access

    July 26, 2026

    XRPL Lending Specs Move Forward As Developers Refine XLS-66

    July 25, 2026

    Bitcoin treasury company erases 7.7M shares after selling 177 BTC

    July 24, 2026

    Dogecoin (DOGE) Prints a Major Buy Signal: Big Pump on the Way?

    July 23, 2026

    Render Completes 98% Of Solana Migration As RENDER Replaces RNDR

    July 22, 2026

    FTX begins $900M payout as creditors in 45 countries could lose their claims within 6 months

    July 21, 2026
    kraken
    Latest Posts

    Meta, Microsoft, Nvidia, IBM, and others back open-weight AI

    July 26, 2026

    OpenAI Security Incident explained..

    July 25, 2026

    Dango Blockchain to Shut Down, Halt Perp DEX Trading

    July 25, 2026

    Which Companies Are Selling and Who’s Next?

    July 25, 2026

    XRPL Lending Specs Move Forward As Developers Refine XLS-66

    July 25, 2026
    bybit
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Quantum Roadmap Would Push Bitcoin Much Higher: Charles Edwards

    July 26, 2026

    Ripple Launches Mint for Institutional RLUSD Access

    July 26, 2026
    binance
    Facebook X (Twitter) Instagram Pinterest
    © 2026 CloudTechReport.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 64,662.00
    ethereum
    Ethereum (ETH) $ 1,912.49
    tether
    Tether (USDT) $ 0.999299
    bnb
    BNB (BNB) $ 572.76
    usd-coin
    USDC (USDC) $ 0.999825
    xrp
    XRP (XRP) $ 1.10
    solana
    Solana (SOL) $ 75.24
    tron
    TRON (TRX) $ 0.331994
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.03
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05