TLDR Crypto · MARKETS & BUSINESS
RIPPLE LAUNCHES $750M SHARE BUYBACK AT $50B VALUATION
Summary from the TLDR Crypto newsletter
Ripple is repurchasing $750 million in shares from investors and employees, valuing the firm at $50 billion. Following $100 billion in payment volume, the company is expanding into stablecoins and infrastructure via acquisitions like Hidden Road, signaling a strategic pivot away from immediate IPO plans.