Ripple announced a $700 million share buyback , which has sparked debate about the company’s potential IPO . Is an IPO actually around the corner? More importantly, what could this mean for XRP ? Ripple’s $700M Move The buyback isn’t small. Ripple is repurchasing shares at $175 each, far above their recent trading price. That sets the company’s implied valuation at over $30 billion. It’s a move that says: “We believe in our future.” CEO Brad Garlinghouse quickly shut down the 2025 IPO rumors. He stressed that Ripple doesn’t need outside capital and has strong cash reserves. But in crypto, actions speak louder than words. A premium buyback of this size makes it hard to ignore the IPO chatter. So, What About XRP? Ripple is the company, XRP is the cryptocurrency. They’re linked, but not the same thing. Still, big moves by Ripple often ripple out to XRP. If Ripple were to go public, it could bring new institutional attention to the brand, boost credibility in traditional finance circles, and spark renewed interest in XRP from investors who see it as “part of the Ripple ecosystem.” But there’s no guarantee of a direct price effect. XRP’s value still depends on adoption, utility, and ongoing legal clarity. What to Watch Will Ripple actually IPO? Maybe not in 2025. But the buyback signals long-term intent. It tells the market Ripple wants control, and sees itself as undervalued. For XRP holders, the key is sentiment. If the market believes an IPO strengthens Ripple, XRP might ride that wave, even without a formal connection. Keep an eye on future Ripple financial disclosures, IPO-related job postings, or legal filings, and XRP market reactions to Ripple news. This buyback is a message. And the market is listening.