Ripple is undertaking a significant $750 million share buyback, valuing the company at $50 billion, a 25% increase from its November funding round. This comes despite a broader crypto market downturn, with XRP down over 50% from its October peak. Goldman Sachs has emerged as the largest institutional holder of spot XRP ETFs, with a $153.8 million position, representing 73% of the top 30 institutional holdings, and ETFs have seen $1.4 billion in inflows since launch. Ripple is also aggressively expanding its regulatory footprint, poised to acquire BC Payments Australia Pty Ltd to secure an Australian Financial Services License (AFSL) in April, enabling full control over cross-border transactions. The company now holds over 75 regulatory licenses globally, including recent approvals in the UK and Luxembourg. Mastercard has launched a Crypto Partner Program including Ripple, aiming to integrate digital assets into existing payment infrastructure. A recent MediaTek vulnerability, patched in January, highlighted potential risks to crypto seed phrases on affected devices.
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