BITmarkets Team
Mar 12, 2026
According to a Bloomberg report published Wednesday, Ripple intends to conduct a tender offer for the shares that will remain open through April. The proposed buyback would represent a significant increase in the company’s valuation, placing it about 25% higher than the $40 billion valuation implied during the firm’s $500 million funding round in November 2025. At that time, Ripple president Monica Long indicated that the company was not planning to pursue a public listing.
The planned share repurchase comes as Ripple continues expanding its business beyond traditional cryptocurrency services. The company recently completed the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management platform provider GTreasury in October. Ripple has also been moving into new financial markets internationally. Earlier this week, the company confirmed plans to pursue a financial services license in Australia through the acquisition of a local payments firm.
Operational activity on Ripple’s network has also grown significantly. On Monday, the company announced that it has now processed more than $100 billion in transactions. Meanwhile, its stablecoin, Ripple USD (RLUSD), surpassed a $1 billion market capitalization after launching in December 2024.
Despite these developments, the market performance of the XRP token has weakened in recent months. XRP has declined by more than 53% over the past six months and was trading at around $1.39 at the time of publication. Data from private shares marketplace Forge Global also indicated a decline in the company’s private share value, showing a drop of more than 9% as of Wednesday.
Ripple is also advancing efforts to obtain a US national trust bank charter. In December, the US Office of the Comptroller of the Currency announced conditional approvals for several cryptocurrency firms, including Ripple.
Within its application, Ripple clarified that the proposed charter would “not be a stablecoin issuer” for RLUSD.
Sources:
https://cointelegraph.com/news/ripple-buy-back-shares-valuation