A former Ripple director suggests that Ripple’s

A former Ripple director suggests that Ripple’s potential initial public offering (IPO) could be a landmark event, given its estimated valuation. 

In an X post yesterday, Sean McBride speculated that Ripple’s recent tender offer indicates that the company is valued at $30 billion.

Largest IPO in History 

McBride derived the estimate after Ripple disclosed plans to repurchase $700 million worth of its own shares at a fixed price of $175 each. Sources revealed that Ripple announced the buyback initiative in an emailed statement to existing stockholders.