
Ripple Plans to Repurchase $750 Million in Shares by April
Ripple intends to initiate a significant share buyback program amid a company valuation surge.
Ripple Labs is reportedly gearing up to repurchase as much as $750 million in shares, a move that aims to elevate the company’s valuation to approximately $50 billion. This upcoming buyback program is scheduled to last until April, according to a Bloomberg report. This new valuation is expected to be 25% higher than the previously estimated worth following a previous fundraising round in November 2025, where the company raised $500 million.
At the time of the last report, President Monica Long indicated that Ripple had no plan for a public offering.
Ripple Labs Share Buyback
This buyback initiative comes in light of Ripple’s ongoing expansion beyond the cryptocurrency sector, notably through the $1.2 billion acquisition of non-bank prime broker Hidden Road and a treasury management system provider GTreasury last October. Recently, Ripple announced that it intends to pursue a financial services license in Australia via the acquisition of a local payment company.
On Monday, Ripple disclosed that it has processed over $100 billion in transactions, with its stablecoin, Ripple USD (RLUSD), achieving a market cap exceeding $1 billion since its launch in December 2024. However, the price of XRP has dropped over 53% in the past six months, currently trading at $1.39.
For more information related to this news, please refer to the associated articles published on Cointelegraph.
