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Cryptoknowmics 2024-01-11 07:38:58

Ripple Labs Executes $285 Million Share Buyback, Valuation Soars to $11.3 Billion

Strategic Move Unveiled: Ripple Labs, the blockchain company behind XRP, has undertaken a bold financial move by repurchasing shares worth $285 million from early investors and employees. This strategic buyback, part of a tender offer, elevates Ripple’s valuation to an impressive $11.3 billion. Limited Stake Sales: According to anonymous sources, investors are limited to selling … Continue reading "Ripple Labs Executes $285 Million Share Buyback, Valuation Soars to $11.3 Billion" The post Ripple Labs Executes $285 Million Share Buyback, Valuation Soars to $11.3 Billion appeared first on Cryptoknowmics-Crypto News and Media Platform .

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