Yes, you read it right, Ripple is now worth $15 billion. According to CEO Brad Garlinghouse, Ripple has bought back shares from its Series C investment round, which increased the company’s worth to $15 billion. Despite the Securities and Exchange Commission’s (SEC) litigation over the status of the XRP coin, he noted, Ripple had its best year ever.
Ripple CEO Brad Garlinghouse revealed on Twitter on Wednesday that the company had repurchased its Series C shares for $15 billion.
Tetragon led a $200 million Series C fundraising round for the company in December 2019. Route 66 Ventures and SBI Holdings were also present. The company was valued at $10 billion after the Series C fundraising round, according to reports.
Hmm, so what’s next for Ripple?
