🔥 Ripple Labs is preparing to buy back $285 million worth of shares from initial investors and employees, valuing the company at $11.3 billion. It's good and bad at the same time 😫
- Good news: This can be seen as a preparation for a stock market listing (IPO).
- Bad news: Ripple has sold more XRP than usual last month, possibly to raise funds for the share buyback.
