Ripple $4B-$5B bid to purchase Circle rejected — Report

Quick Summary:

Blockchain payments firm Ripple has reportedly bid up to $5 billion in an effort to acquire stablecoin issuer Circle, but the offer was rejected.

According to an April 30 Bloomberg report, Ripple put in a bid of between $4 billion and $5 billion as part of an attempted takeover of Circle, which was rejected as being too low.

Cointelegraph reached out to representatives of Circle and Ripple for comment, but did not receive a response from either at the time of publication.

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Article Details

Author / Journalist: Cointelegraph by Turner Wright

Category: Crypto

Markets: United States

Topics: Rejected Ripple Circle Firm Bloomberg Offer Billion Acquire According Blockchain Issuer

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 19:57:08 (23 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 169 words

Reading Time: 1 minutes read

Sentences: 15 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28302318

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 37 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

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Publisher ID: #11

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