Ripple Labs is initiating a significant buyback offer at $175 per share, a 135% increase from private market trades at $74 per share. This tender offer, valued at $700 million, elevates the company's valuation to nearly $25 billion.

The buyback reflects Ripple's internal liquidity strategy and aims to reward investors. The company reported holding $3.7 billion in cash, no debt, and 41 billion XRP on its balance sheet.

Despite the absence of plans for an IPO, Ripple's financial maneuver illustrates its strong market position and strategic foresight in increasing shareholder value.