The huge agreement between Ripple and Circle continues to be on the market agenda. In the first attempt, after a 5 billion dollar offer could not be implemented, Ripple has made a new attempt of $ 20 billion. Opinions and evaluations on the subject question whether the agreement is realistic.
Ripple’s offer and expectations
Ripple’s $ 20 billion proposal to buy Circle is seen as part of the company’s efforts to strengthen its position on the market. Although the company officials refrain from making a statement on the issue, some experts say that this figure may be extremely high. Ripple CEO Brad Garlinghouse’un strategies on the evaluations are also reported.
Scott Melker: “Brad Garlinghouse is thinking of taking serious steps towards increasing the offer.”
Expert Opinions and Market Evaluation
Market experts say that the valuation of the agreement and the increase norms of the proposal should be examined carefully. Circle’s calculation of approximately 5 billion dollars and 20 %to 30 %premium applied to this value leads to the view that the proposal will follow $ 6 to 6.5 billion dollars. This strengthens comments that the $ 20 billion figure is not realistic.
Dom Kwok: “The bid of the XRP platform for Circle is likely to be between 6 and $ 6.5 billion.”
In addition, the legal perspective comes to the agenda in matters to Ripple. The XRP lawyer John Deaton expresses the possibility that competition between the parties may increase. In this context, other important market players, such as Coinbase, may be included in the process.
John Deaton: “There may be a possible proposal competition between Ripple and Coinbase.”
The fact that Circle is among the stable assets shows that potential agreement can have significant effects on market dynamics. The purchase is considered as a step that can reshape the balances of the existing ecosystem.
Developments reveal that both Ripple and market players have a cautious stance in the approach. While the uncertainties in the details of the agreement and the final figures continue, investors and sector followers continue to follow close developments.
The elements contained in the news offer important clues for market dynamics and strategic moves of companies. Investors should be aware that there are uncertainties in the subject when evaluating the possible effects of such developments in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
