Rumor has it Ripple Labs is eyeing a $10-20 billion buyout of Circle — a massive move in crypto finance. But here’s the catch: Ripple owns around 40% of all $XRP tokens. If they sell a big chunk to fund this deal, it could crash XRP’s price. 💥
Dave Weisberger raises the big question:
Who’s buying $10B worth of XRP if Ripple dumps it? 🤔
On the flip side, attorney Fred Rispoli argues Ripple might not need to dump XRP. Instead, a mix of cash, stock, and debt could make the acquisition work without rocking the XRP market too hard. 📉➡️📈
👉 So, how will Ripple pay?
- If the price is closer to $7-$9B, Ripple could avoid a big XRP sell-off.
- A full cash deal? Unlikely.
- Stock and debt financing? More realistic.
BUT here’s the twist — Circle is NOT for sale. They just announced plans for a bigger IPO in NY this week, aiming for a valuation up to $7.2B. 🚀
This deal might not happen now, but it highlights Ripple’s ambitions and market dynamics to watch.
Stay tuned!