Ripple Stock Buyback Raises Valuation to $50B, XRP Reacts Mildly

The post Ripple Stock Buyback Raises Valuation to $50B, XRP Reacts Mildly appeared first on Coinpedia Fintech News Ripple has commenced buying back $750 million of its equity shares, raising the company’s valuation from November’s $40 billion to $50 billion (25% growth).  The offering also raises the value of its shares from roughly $125 to around $143.43 on pre-IPO platforms such as Hiive. Ripple launches stock buyback Additional benefits of the event include …