Ripple Labs has launched a significant share buyback program worth $700 million, under the leadership of CEO Brad Garlinghouse. The company is buying back shares at a 135% premium to their secondary market price, highlighting a strong commitment to shareholder value and positioning for potential future IPO offerings. This buyback will run from June 10 to July 9, 2025, targeting only eligible vested stockholders. The move aims to increase internal control and provide shareholders with greater liquidity ahead of the possible IPO. Ripple’s XRP token price reacted with a slight dip following the announcement, but management has not directly linked the change to the token performance. However, the market reaction indicates confidence in Ripple’s equity-focused strategy amidst ongoing SEC litigation. CEO Brad Garlinghouse stated: ‘I think we want to get certainty and clarity in the United States with the US SEC. I am hopeful that the SEC will not slow down that process any more than they already have…’. This buyback has significantly increased Ripple’s implied valuation to $25 billion, bolstering its standing within the industry. The move contrasts Ripple’s January 2025 share buyback, demonstrating financial strength in the face of challenging legal proceedings. Industry analysts predict that regulatory clarity will be crucial for Ripple’s future success, as indicated by the buyback strategy. Ripple’s ongoing SEC litigation remains a significant uncertainty regarding its potential IPO plans.