Ripple Shocks Market with $700M Buyback at $175/Share—IPO Dreams Put on Ice

Ripple just dropped a financial grenade—announcing a massive $700 million share buyback at $175 per pop while quietly shelving its IPO ambitions. Talk about mixed signals.

Buyback bonanza: The blockchain giant''s aggressive repurchase plan screams confidence in its valuation—or maybe just desperation to placate antsy investors. $175/share isn''t chump change, even for crypto''s golden child.

IPO? More like ''I Postponed Obviously'': That much-hyped public debut? Poof. Delayed indefinitely. Because nothing says ''strong market position'' like abruptly changing your exit strategy mid-game.

Wall Street''s gonna love this one—another crypto firm playing by its own rules while traditional finance types clutch their pearls. Just remember: when the music stops in this industry, there''s never enough chairs.

TLDR

• Ripple has launched a $700 million share buyback program at a price of $175 per share.
• The buyback offer is open from June 10 to July 9 for eligible shareholders.
• The $175 share price reflects a 135 percent premium over Ripple’s recent secondary market value.
• Ripple’s new valuation stands at approximately $25 billion based on the buyback pricing.
• XRP token continues to trade lower despite the company’s strong corporate moves.

Ripple initiated a $700 million share buyback program, offering $175 per share to eligible shareholders. This new MOVE highlights Ripple’s financial strength and reflects its confidence in its long-term direction. The plan launched on June 10 and closes on July 9, offering a limited window for participation.

Ripple raised the offer price significantly compared to its previous tender offer in January. Then, Ripple offered $125 per share, indicating strong momentum since then. With this valuation, Ripple now has an estimated $25 billion market cap.

Ripple maintains control of its equity through this strategy while also enhancing shareholder value. The share buyback price offers a 135% premium over Ripple’s latest secondary market trading range. Hyve listed Ripple’s shares at $74 to $75, making the current offer highly attractive.

Ripple Prioritizes Equity Over Token Movement

Despite Ripple’s aggressive buyback offer, XRP’s market price has dropped by 3.5% over the last 24 hours. Currently, XRP trades at $2.23, and its trading volume has also decreased by 7.5%. The token continues to reflect volatility despite Ripple’s strong financial posture.

Ripple has not tied the XRP token price directly to its corporate performance in its current shareholder communications. Yet, the broader market sentiment may still be influencing the token’s short-term movement. Ripple’s leadership remains focused on strategic direction rather than short-term token behaviour.

Not a bad email to wake up to…Ripple Labs buying back 3-5% of the co at $175/share…last traded prices on Hyve were $74-75, so a nice little 135% premium…

More thoughts to follow. I own Ripple (the co, not $XRP) outright, as well as derivative plays on Ripple… pic.twitter.com/OmTgTthRDI

— Jeremy Raper (@puppyeh1) June 10, 2025

Ripple CEO Brad Garlinghouse confirmed that only eligible vested stockholders may participate in the offer. This move provides liquidity while also consolidating internal control over Ripple’s equity structure. The focus remains on executing the tender offer rather than reacting to token market shifts.

No IPO Plans as Ripple Eyes Growth

Ripple has confirmed that an initial public offering is not planned in the NEAR term. The company remains focused on business expansion and operational efficiency. Ripple has stated that it will revisit IPO plans only after resolving its ongoing SEC case.

Ripple previously highlighted its desire for legal clarity before considering a public market debut. Garlinghouse emphasized that the SEC’s legal process continues to influence Ripple’s future listing decisions. Until then, Ripple is prioritizing partnerships, product development, and internal growth.

This is the second tender offer Ripple has conducted in less than one year. The move indicates Ripple’s intent to manage shareholder relations directly while staying private. Ripple continues to signal strong growth potential, but without immediate IPO intentions.