Bloomberg reports Ripple’s share buyback implies a roughly $50 billion company valuation, well above the $40 billion level where the firm last raised capital in November. The move comes despite the ongoing crypto bear market and signals management confidence.
OKX has launched Orbit, a social network built into its trading app that combines market conversations, community interaction, and live trading data. The rollout follows a reported $25 billion valuation and aims to deepen engagement on the platform.
Brookfield Asset Management’s AI infrastructure unit Radiant was valued at $1.3 billion after merging with London cloud firm Ori Industries, sources and a Reuters document show. The deal — associated with ticker RXD — marks a significant push into large-scale AI and compute services.
Brookfield Asset Management’s AI infrastructure unit Radiant was valued at $1.3 billion after merging with London cloud firm Ori Industries, according to sources and a Reuters document. The move, referenced with ticker RXD, reflects growing investor interest in specialized AI and cloud infrastructure.
CBInsights now values Ripple Labs at over $50 billion, placing the blockchain payments firm among the world's top 10 most valuable unicorns just behind SHEIN. The milestone highlights Ripple's growing stature in crypto and fintech.
Tether CEO Paolo Ardoino has downplayed a reported $20 billion fundraising plan after investors pushed back against a proposed $500 billion valuation target, the Financial Times reports. The move underscores market skepticism about the scale of the issuer's ambitions for USDT.
CoinGecko's founder denied reports that the company is considering a roughly $500 million sale and said it has not engaged Moelis as an adviser. The clarification arrives as M&A activity and valuations heat up across the crypto industry.
In November, Wall Street investors put $500 million into Ripple, lifting its valuation to $40 billion and marking a major institutional vote of confidence. The investment includes sell-back rights with predetermined returns and priority claims for investors in a sale or insolvency.
Revolut reached a $75 billion valuation after a secondary share sale led by Coatue, NVIDIA and Fidelity, the London-based fintech said Monday. The deal reflects strong investor appetite for established fintechs with crypto offerings and provides liquidity to early shareholders.
Kraken said it raised $800 million in a funding round valuing the exchange at $20 billion, signaling strong investor appetite for crypto infrastructure. The deal, announced Tuesday, positions Kraken to accelerate growth and compliance efforts.