Ripple Labs tried to buy back $1 billion worth of shares from employees and investors in September but came up empty-handed, The Information reported on October 31. The company offered to purchase shares at a price that values the company at$40 billion — a sizable uptick from a $28 billion valuation it achieved in June, according to an investor letter seen by The Information. But Ripple ran into the lowest participation rate compared to previous tender offer rounds, The Information reported, suggesting ...