Blockchain payments company Ripple (XRP) made it abundantly clear this week that it's not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares that it issued to private investors back in December 2019 — even though a court ruling in 2021 said it didn't have to.
This week's Crypto Biz explores Ripple's share repurchase and provides an overview of the biggest funding stories of the week. We also weigh a new exchange-traded fund (ETF) proposal by Valkyrie that seeks to provide exposure to the Bitcoin (BTC) mining arena. For a more fulsome discussion of this week's business news, register for the Crypto Biz newsletter below.