Ripple has launched a new share buyback program that would value the firm at approximately $50 billion, positioning it among the most valuable companies in the digital asset industry at a time when the broader cryptocurrency market is facing heightened volatility.
According to people familiar with the matter, the company plans to repurchase up to $750 million in shares from investors and employees through a tender offer expected to run until April. The details of the program have not been publicly disclosed, and Ripple declined to comment on the transaction.
The development follows a major funding round completed in November, when Ripple raised $500 million at a $40 billion valuation. The round included backing from financial firms such as Citadel Securities and Fortress Investment Group, reinforcing institutional interest in the company’s blockchain-based financial infrastructure.
Over the past year, Ripple has expanded its strategic focus beyond its traditional payments business by pursuing acquisitions designed to broaden its capabilities in digital asset markets. One of the most significant moves was the acquisition of Hidden Road for approximately $1.25 billion, a deal intended to strengthen the company’s position in institutional brokerage, liquidity services, and stablecoin infrastructure.
The current buyback initiative follows an earlier attempt by Ripple to repurchase roughly $1 billion worth of shares at a $40 billion valuation. That offer reportedly attracted limited participation from employees, many of whom chose to retain their holdings instead of selling their shares.
Market conditions have shifted notably since that previous offer. Bitcoin has fallen more than 40% from its peak reached in early October, while XRP, the digital asset closely associated with Ripple’s ecosystem, has declined by more than 50% during the same period.
Despite the downturn in crypto markets, Ripple continues to report strong activity across its network. Earlier this month, the company announced that its payment infrastructure has processed more than $100 billion in total transactions, highlighting ongoing institutional adoption of its blockchain-based financial services.
Source: Information reported by Bloomberg.
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Company valuations and cryptocurrency markets can change rapidly due to market conditions and regulatory developments.
