Ripple Hits $50B Valuation After Massive $750M Buyback | CoinDesk Daily

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4.7 • 698 Ratings

🗓️ 12 March 2026

⏱️ 3 minutes

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Summary

Ripple's $750M buyback values the company at $50B. Ripple is buying back $750 million in shares, pushing the blockchain payment company's valuation to a staggering $50 billion. The move comes months after a major funding round and follows an aggressive acquisition spree. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at nexo.com/coindesk. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Transcript

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0:00.0	Ripple's new share buyback values the firm at $50 billion and BlackRock launches its staked ether
0:06.1	ETF. This is CoinDesk Daily. I'm Jen Sanassi.
0:15.2	Discover Nexo, the premier digital wealth platform, now in the U.S.
0:19.2	Get started today at nexo.com slash coin desk.
0:22.3	Ripple has begun a share buyback that values the company at about $50 billion.
0:26.5	According to a person familiar with the matter, the blockchain payments firm is planning
0:29.9	to repurchase up to $750 million in shares from investors and employees through a tender
0:34.9	offer expected to run through April.
0:36.6	The tender offer officially values the company at a staggering $50 billion, a 25% jump from
0:42.5	its fundraising valuation just a few months ago.
0:45.0	The buyback highlights Ripples rapid expansion beyond its core XRP ledger network.
0:50.1	The company has been on an acquisition spree, snapping up primebroker Hidden Road for
0:54.5	$1.5 billion and corporate treasury business G Treasury for a billion dollars.
0:59.9	The $50 billion valuation signals massive internal confidence, even as the broader
1:05.0	crypto markets face pullbacks.
1:07.5	And BlackRock is taking crypto staking to Wall Street.
1:10.4	After months of anticipation, the asset managers' I share staked Ethereum Trust ETF begins
1:15.2	trading on the NASDAQ today.
1:17.1	The fund will hold spot ether and stake a portion of those holdings on the network,
1:20.9	allowing investors to earn rewards on top of regular price movements.
1:24.7	BlackRock's head of equity ETF's J Jacobs explained that the product is all
1:28.6	about investor choice, offering the operational advantages of an ETF without sacrificing the
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