Ripple launches a $750 million share buyback program, valuing the company at approximately $50 billion.

CoinFeed reported on March 12 that, according to Bloomberg, Ripple has launched a share buyback program of up to $750 million, valuing the company at approximately $50 billion. The offer, open to investors and employees, is expected to continue until April. Last November, Ripple completed a $500 million funding round at a $40 billion valuation, with investors including Citadel Securities and Fortress Investment Group.