Ripple completes approximately $500 million secondary market share sale, valuation around $40 billion
According to ChainCatcher, citing Bloomberg, Ripple has completed a secondary market share sale of approximately $500 million, valuing the company at around $40 billion. The terms include a sell-back right for investors at a higher price, securing returns for participants including Citadel.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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