Ripple valued at $50 billion after $750 million share buyback | Fortune
Briefly

Ripple valued at $50 billion after $750 million share buyback | Fortune
"Ripple's valuation has gone up about 25% since November, when it raised $500 million in a funding round backed by Citadel Securities and Fortress Investment Group, among others. Its growing valuation makes the company a rare recent success story in a crypto industry that has tanked since the tail end of last year."
"Founded in 2012, the company was an early adopter of crypto. Ripple now aims to help financial institutions send money across the world cheaper and faster than traditional foreign exchange. It does so via the XRP Ledger, a cryptocurrency that it created, which serves as a bridge between currencies."
"In 2025, the company expanded through acquisitions for services like trading and stablecoin infrastructure. It bought the prime brokerage Hidden Road for $1.25 billion, and acquired the treasury management company GTreasury for $1 billion. Ripple said earlier this month that it had processed more than $100 billion in transactions."
Ripple, a fintech company founded in 2012, is executing a $750 million share buyback that values the company at approximately $50 billion, representing a 25% increase since November's $500 million funding round. The company facilitates international money transfers through the XRP Ledger cryptocurrency, enabling faster and cheaper cross-border transactions for financial institutions. In 2025, Ripple expanded through major acquisitions, purchasing Hidden Road for $1.25 billion and GTreasury for $1 billion, while processing over $100 billion in transactions. Despite XRP cryptocurrency declining 62% from its July peak, Ripple maintains financial stability through its substantial XRP reserves and diversified financial services offerings, positioning itself as a notable success story in a struggling crypto industry.
Read at Fortune
Unable to calculate read time
[
|
]