Ripple set to buy back $285 million shares, rejects IPO path
Ripple spending up to $500M on share buybacks for investors, values company at $11.3B amid ongoing SEC legal battle.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Securitize Puts 12 U.S. Stocks on Solana With 1:1 Backing and 24/7 Trading Plans
Key Takeaways: Securitize has already launched tokenized U.S. stocks on Solana, including NVIDIA, Tesla and Apple. Each token repr...
Hyperliquid surpasses $1B revenue, $1B used for HYPE buybacks
Hyperliquid's strategic buybacks enhance HYPE's market value, reflecting strong financial health and boosting investor confidence...
What happens when crypto trades stocks while Wall Street sleeps?
Wall Street closes at 4 p.m., but apparently that's becoming more of a suggestion than a rule. You can now spend the evening watch...
Bitcoin companies are learning that holding forever takes cash
Metaplanet sold 10,000 BTC and bought back 11,000 at a higher average price to show it was willing to sell its Bitcoin. The Japane...
This Sam Altman-Backed Life Insurer Runs Entirely on Bitcoin, and Just Raised $37.5 Million
The Bermuda-based insurer, which runs entirely on Bitcoin, drew the funding from existing backers led by Bain Capital Crypto after...
Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course
Bitcoin Magazine Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course U.S. investors this week reversed course, cashing...