Ripple’s $750M Share Buyback Lifts Valuation to $50B as XRP Price Barely Moves

Ripple has initiated a $750 million equity share repurchase, lifting its valuation from $40 billion in November to $50 billion and increasing its pre-IPO share price from about $125 to roughly $143.43. While the move reportedly places Ripple among the world's top private unicorns, XRP is trading around $1.38 with only a 0.30% gain in 24 hours, and community reaction appears largely disappointed.