Ripple has cemented a $50 billion valuation after completing a $750 million share buyback, reaffirming its commitment to remain private and signaling it has no near-term plans for an initial public offering. The move lands at an awkward moment for token markets: XRP (XRP) fell 23.7% in the first quarter, intensifying a long-running debate over whether Ripple’s expanding business lines can meaningfully translate into value for XRP holders.
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