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Ripple IPO Could Break Records With $30B Valuation
The post Ripple IPO Could Break Records With $30B Valuation appeared first on Coinpedia Fintech News
Ripple could be on track to launch the largest initial public offering (IPO) in history, according to former company director Sean McBride. However, recent updates from insiders suggest Ripple may not file for an IPO anytime soon.
So, is Ripple planning the biggest IPO ever, or is the hype too early?
Ripple Share Buyback Signals $30 Billion Valuation
Sean McBride recently posted on X, estimating Ripple’s valuation at $30 billion. This is based on Ripple’s ongoing share buyback program, where the company is purchasing at least $700 million worth of shares at $175 each.