Ripple's $1 Billion Share Buyback Sees Low Participation Amid Investor Confidence

Ripple Labs latest $1 billion share buyback at a $40 billion valuation has reportedly seen the lowest participation rate to date, according to a recent report by The Information. The blockchain company, known for its native cryptocurrency XRP XRP - $2.469 initiated the repurchase last month as part of its ongoing efforts to manage equity ownership and provide liquidity options for early investors and employees.

Source: tokenpost.com

Related symbols: XRPUSD

2025-11-10 01:00:02 GMT.

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Price & Market Data

Price: $2.469

Volume 24h: $4,044,812,384.45

Market Cap: $148,389,738,082.15

Description

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,985,774,127 with 60,107,199,237 in circulation. The last known price of XRP is 2.20043004 USD and is down -4.64 over the last 24 hours. It is currently trading on 1754 active market(s) with $5,119,038,185.70 traded over the last 24 hours. More information can be found at https://xrpl.org/.