Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Ripple Launches $750 Million Share Buyback, Valuation Reaches $50 Billion
Sources familiar with the matter say that blockchain payments company Ripple has initiated a share repurchase program with a maximum scale of $750 million, valuing the company at approximately $50 billion.
The buyback will be conducted through a tender offer, allowing investors and company employees to sell their shares back to the company. The program is expected to run until April. This buyback plan comes shortly after Ripple's attempt last year to repurchase $1 billion worth of shares at a $40 billion valuation. At that time, participation was relatively limited due to some private equity shareholders being unwilling to sell their shares.