Ripple Labs has reportedly launched a new share buyback program to repurchase up to $750 million in shares from employees and early investors, Bloomberg reported on Wednesday.
The offer values the San Francisco-based company at approximately $50 billion, a significant increase from previous valuations. The program is expected to run through April, according to people familiar with the matter.
The move comes amid continued volatility in digital asset markets and increased regulatory scrutiny of the crypto sector. However, Ripple’s financial position, supported by holdings in XRP and other assets, has enabled the company to allocate substantial capital toward share repurchases.
The buyback provides liquidity for employees and early investors while allowing the company to consolidate equity without pursuing a public listing.
This is not the first time Ripple has conducted a share repurchase to provide liquidity to shareholders. In January 2024, the company completed a $285 million buyback as part of a broader $500 million capital program.
At the time, CEO Brad Garlinghouse said the company held more than $1 billion in cash reserves and roughly $25 billion in crypto assets, the majority of which were in XRP.
Ripple had also previously attempted a larger tender offer in September 2025, seeking to repurchase roughly $1 billion in shares at a $40 billion valuation. The effort reportedly drew limited participation, particularly from employees reluctant to sell their holdings.
According to reports at the time, the tender offer recorded one of the lowest participation rates compared with previous buyback rounds, as shareholders potentially anticipated higher valuations in the future.
The company also raised $500 million in new funding at the same $40 billion valuation in November. The round attracted several institutional investors, including Citadel Securities, Fortress Investment Group, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.