XRP Rises as Ripple Announces $200M Share Buyback

CoinDesk published this video item, entitled “XRP Rises as Ripple Announces $200M Share Buyback” – below is their description.

Blockchain payments company Ripple has announced it bought back $200 million worth of its Series C shares initially issued in December 2019, bringing the firm’s total valuation to $15 billion. The native XRP cryptocurrency climbed 3.8% on the news Wednesday morning. “The Hash” discusses the latest in the world of Ripple amid an ongoing regulatory battle with the SEC.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto

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Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. The ledger employs the native cryptocurrency known as XRP.

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XRP is the native cryptocurrency of the ledger for Ripple.

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