Ripple has begun buying back equity shares from investors and employees in a tender offer worth up to $750 million that values the private company at $50 billion.
Ripple’s Biggest Buyback Yet
The repurchase, reported by Bloomberg on Wednesday, comes as crypto markets reel.
Bitcoin (CRYPTO: BTC) has fallen more than 40% from its October peak and XRP (CRYPTO: XRP) has dropped over 50%. Ripple is effectively buying back its own equity at fire-sale crypto prices while signaling a $50 billion self-assessment.
Ripple bought back $285 million at an $11 billion valuation in January 2024, offered $700 million at $175 per share in June 2025, then attempted a $1 billion tender at $40 billion in September 2025 that saw the lowest participation rate of any round, with employees refusing to sell.
The …