Ripple Plans $750M Share Buyback at Approximate $50B Valuation as New Partnerships Advance

Ripple is preparing a share repurchase program of up to $750 million from employees and existing investors at an implied valuation near $50 billion. The company, which previously raised $500 million at a $40 billion valuation in November, has also joined Mastercard's new Crypto Partner Program and is moving to acquire BC Payments Australia Pty Ltd to pursue an Australian Financial Services License.