Ripple launches $750 million share buyback, valuing the company at $50 billion

ZkProver · 2026-03-12T00:30:57+00:00

Ripple is conducting a share repurchase program worth up to $750 million, with an estimated valuation of approximately $50 billion. The plan involves an offer to buy back shares and is expected to continue until April. Previously, Ripple attempted to repurchase $1 billion worth of shares at a $40 billion valuation, but participation was limited. The company is financially stable and has no plans for an IPO at this time.

ZkProver

2026-03-12 00:30:57

Abstract generation in progress

ChainCatcher reports that sources familiar with the matter say blockchain payments company Ripple has launched a share repurchase program worth up to $750 million, valuing the company at approximately $50 billion.

The repurchase will be conducted through a tender offer, allowing investors and company employees to sell their shares back to the company. The program is expected to run until April. This repurchase plan comes shortly after Ripple’s attempt last year to buy back $1 billion worth of shares at a $40 billion valuation. At that time, participation was limited due to some private shareholders’ reluctance to sell their shares.

Ripple’s most recent funding round was in November last year, when the company completed a $500 million strategic investment, also valuing the company at $40 billion. The round was led by Fortress Investment Group and funds related to Citadel Securities, with participation from market sources and other institutions. Ripple President Monica Long stated earlier this year that the company currently has no plans for an IPO and emphasized that Ripple’s financial position is solid, favoring continued expansion through acquisitions and product development.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.