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The second came in January 2024, when the company announced it would be buying back $285 million worth of shares at a valuation of $11.3 billion, nearly 25% lower than the valuation two years earlier. Ripple Labs is a private company, so it isn’t required to disclose its ownership. If you don’t qualify as an […]

Trading on margin means borrowing money from a brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that serves as collateral for the loan and then pay ongoing interest payments on the money they borrow. This loan increases the buying power of investors, allowing them to buy a