XRP Rumor Ripple’s $20B Circle Deal

Ripple’s Alleged $20 Billion Bid for Circle Faces Skepticism

• Rumors suggest Ripple is considering a $20 billion bid for Circle after a previous $5 billion deal failed.
• Experts are divided on the feasibility of this acquisition, with some deeming it unrealistic.
• Industry expert Dom Kwok estimates Ripple’s offer might realistically range from $6 billion to $6.5 billion.
• The valuation of Circle is assumed to be around $5 billion, with typical acquisition premiums ranging from 20% to 30%.
• XRP lawyer John Deaton suggests a potential bidding war between Ripple and Coinbase, which holds a minority stake in Circle.

Speculation continues over Ripple’s rumored $20 billion bid for Circle, though experts like Dom Kwok believe an offer closer to $6.5 billion is more plausible given typical acquisition premiums.