Ripple Buys Back $285M Stake from Early Investors, Shuns IPO

Ripple Buys Back $285M Stake from Early Investors, Shuns IPO

Ripple, the company behind XRP, has announced a $285 million stake buyback from its early investors and employees as part of a $500 million strategy to restructure its finances and avoid an IPO. Ripple Labs Inc., the company that operates the XRP ledger and provides cross-border payment solutions, has revealed its plans to buy back […]