Ripple's share buyback program values the firm at $50 billion: Bloomberg
Analysis
Price Impact
MedRipple's increased valuation through its share buyback program, despite a bear market, indicates strong confidence from investors and potentially positive sentiment towards xrp, given their close association. however, the direct impact on xrp's price might be moderated as this primarily reflects the company's valuation, not direct xrp tokenomics.
Trustworthiness
HighThe information is reported by bloomberg, a reputable financial news source, citing people familiar with the matter. this makes the news highly trustworthy.
Price Direction
BullishA higher company valuation, especially during a market downturn, suggests significant investor confidence. this positive sentiment surrounding ripple could translate into increased demand and a bullish outlook for xrp, its associated cryptocurrency.
Time Effect
ShortThe immediate reaction to the buyback program and valuation announcement will likely impact the price in the short term. longer-term effects will depend on ripple's continued performance and broader market conditions.
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Article Content:
Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ripple's share buyback program values the firm at $50 billion: Bloomberg Despite the bear market, today's report suggests a higher valuation than the $40 billion at which the firm raised funds in November. By Krisztian Sandor | Edited by Stephen Alpher Mar 11, 2026, 7:19 p.m. Make us preferred on Google Ripple CEO Brad Garlinghouse prepares to testify in the Senate (Jesse Hamilton/CoinDesk) What to know : Ripple, the blockchain firm closely associated with XRP, has begun a $750 million share buyback that would value the company at about $50 billion, Bloomberg reported. The move comes after a $500 million funding round at a $40 billion valuation in November, backed by major hedge funds and crypto investment firms. Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, has begun a share buyback that could value the company at about $50 billion, Bloomberg reported Wednesday. The blockchain payments firm plans to repurchase up to $750 million in shares from investors and employees through a tender offer expected to run through April, the report said, citing people familiar with the matter. Ripple is a major contributor to the XRP Ledger network, a blockchain designed for banks and payment firms to move money across borders and settle transfers in seconds. The firm said it has processed over 100 billion in transactions across its payments ecosystem. The company has been quickly expanding through acquisitions, building services around trading and digital asset infrastructure. That push included the $1.25 billion purchase of prime brokerage Hidden Road and buying corporate treasury business GTreasury for $1 billion. The firm also issues a U.S. dollar stablecoin, the $1.5 billion RLUSD $ 1.0000 , via its custody arm. The move comes after a major funding round just months ago. In November, Ripple raised $500 million at a $40 billion valuation from a group of investors that included funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. That indicates a 25% higher valuation since the fundraising, despite a crypto market downturn that saw bitcoin BTC $ 70,447.01 and XRP tumble 30%-40% over the same period. Ripple More For You Wells Fargo signals deeper push into crypto, filing trademark for WFUSD By Krisztian Sandor | Edited by Stephen Alpher 3 hours ago The move mirrors JPMorgan's similar trademark filing that foreshadowed the bank's introduction of tokenized deposits on Ethereum layer-2 network Base. What to know : Wells Fargo filed a crypto-related trademark application for WFUSD, signaling a deeper push into crypto and blockchain services. The USPTO filing indicates WFUSD would support cryptocurrency payment processing, digital asset trading and software for tokenizing assets, with the name hinting at a deposit token or stablecoin. The move follows similar efforts by JPMorgan and comes amid broader interest from major U.S. banks in tokenized assets and stablecoins. Read full story Latest Crypto News Bloomberg strategist doubles down on $10,000 bitcoin call but peers say it would take a nuclear war to get there 2 hours ago Crypto-friendly fintech Revolut gains full UK banking license 2 hours ago Stablecoins won't get any kind of deposit insurance under GENIUS rules, says FDIC chief 3 hours ago Crypto Long & Short: AI agents choosing denationalized money 3 hours ago Wells Fargo signals deeper push into crypto, filing trademark for WFUSD 3 hours ago European Central Bank unveils tokenized finance plan to bolster EU's financial autonomy 4 hours ago Top Stories Bitcoin reverses overnight losses, rising to above $70,000 as oil renews decline 4 hours ago U.S. February CPI matches forecasts, reinforcing expectations for no near-term rate cuts 6 hours ago Senate Democrats push prediction market limits, including banning bets on war, death 12 hours ago Binance sues Wall Street Journal as newspaper says U.S. Dept. of Justice is investigating Iran transactions 6 hours ago Coinbase-backed AI payments protocol wants to fix micropayment but demand is just not there yet 11 hours ago Strategy's STRC preferred series gets $50 million investment from fellow BTC treasury company Strive 5 hours ago In this article RLUSD RLUSD $ 1.0000 ◢ 0.02 % BTC BTC $ 70,447.01 ◢ 0.57 %