Ripple to Repurchase Shares Valuing Company at $11.3 Billion
Ripple will allocate $285 million to buy back its shares from early investors, valuing the fintech company at $11.3 billion, according to sources cited by Reuters. Under the offer, investors can sell up to 6% of their holdings. Ripple stated it will spend $500 million on the entire program, including costs for converting restricted securities […]