Report: Circle Rejects Ripple's $4 Billion to $5 Billion Takeover Bid

  • Circle Internet Group reportedly rejected a $4 billion to $5 billion takeover bid from Ripple, saying the amount was too low. Ripple remains interested in a deal but hasn't decided whether to make another offer, while Circle is focused on its initial public offering (IPO), Bloomberg Tax reported Wednesday (April 30), citing unnamed sources.