Ripple’s Alleged $20 Billion Offer for Circle: Unconfirmed Rumors Raise Questions Amid Minimal Market Impact
The post Ripple’s Alleged $20 Billion Offer for Circle: Unconfirmed Rumors Raise Questions Amid Minimal Market Impact appeared on BitcoinEthereumNews.com.
Despite circulating rumors that Ripple proposed a staggering $20 billion offer for Circle, no concrete evidence supports this claim, and the company has yet to confirm it publicly. Circle’s IPO valuation was around $5 billion, making such a lofty bid highly implausible given its current financial landscape. The market’s response to these rumors was subdued compared to other recent instances of false crypto news. After reports of Circle rejecting Ripple’s initial $5 billion buyout offer, rumors have erupted regarding a supposed $20 billion bid, yet these claims lack verification. Did Ripple Offer Circle $20 Billion? Circle, the issuer of the second-largest stablecoin, has attracted significant attention by rejecting Ripple’s previous offer this Wednesday. Analysts had already expressed concerns about Circle’s financials following the delays in its IPO due to tariff-related uncertainties. This context makes Circle’s refusal particularly noteworthy, igniting conjecture within the crypto community. Rumors emerged last night suggesting that Ripple’s CEO, Brad Garlinghouse, had made a dramatically larger offer of $20 billion. Several prominent social media accounts fueled this speculation, and crypto media outlets began echoing these claims. Nevertheless, Garlinghouse has refrained from making any public comments regarding this rumored offer. Market participants urged caution, emphasizing that no formal confirmation has been issued. Meanwhile, various analysis metrics indicate that Ripple’s purported offer to Circle lacks credibility. According to insights shared by experts, although Circle’s IPO has yet to officially launch, it provides critical data for market assessments: “FYI, Circle’s IPO valuation is ~$5 billion (which is the valuation Ripple considered when making its acquisition offer). There is no way Ripple would offer $20 billion for Circle. I see lots of people saying $5 billion is a low offer since Circle holds $60 billion in collateral…However, it does not own that collateral,” commented Dom Kwok, co-founder of EasyA. While it…
Filed under: News - @ May 3, 2025 12:20 am