Ripple’s $20 Billion Buyout Rumor Targets Circle

By: coinchapter|2025/05/02 21:00:04
0
Share
copy
On May 2, 2025, a post on X from the account @RippleXrpIe claimed that Ripple CEO Brad Garlinghouse increased the company’s offer to acquire Circle for $20 billion. The post suggested the deal was progressing. However, no official statement from Ripple or Circle supports this claim. Media outlets referenced the rumor, but its origin traces back to social media. The rumor followed reports that Ripple previously made a $5 billion bid, which Circle reportedly turned down. Neither company has confirmed details of any acquisition talks. Circle’s $5 Billion Valuation Sparks Questions About the $20 Billion Figure Circle’s last known market valuation stood at approximately $5 billion, based on pre-IPO documents. This figure reflects investor estimates and internal filings. The new rumored offer of $20 billion does not align with this data. Dom Kwok, co-founder of EasyA, posted on X: Circle backs over $60 billion in assets tied to USDC. However, these reserves do not count as company-owned funds. The distinction affects how the firm is valued during acquisition discussions. Market Stays Flat Despite Ripple Buyout Rumor The crypto market did not react strongly to the $20 billion Ripple offer rumor. USDC and XRP prices stayed within normal ranges. No significant movement appeared in trading volume or on-chain transactions linked to either firm. This stands in contrast to previous false claims—such as XRP ETF news or tariff reports—which triggered large swings. On this occasion, the unverified offer lacked visible impact on markets. Ripple has not responded to requests for comment. Circle has also not issued a public statement. The rumor remains unconfirmed.

-- Price

--

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com