币界网报道:Ripple has announced a $700 million share buyback from early investors and employees, valuing the company at $11.3 billion. The San Francisco-based blockchain firm will spend $500 million to repurchase shares and allocate $200 million for restricted stock unit conversions. CEO Brad Garlinghouse stated the buyback demonstrates Ripple's strong financial position with over $1 billion in cash and $25 billion in crypto holdings, primarily XRP. While the move fuels speculation about a potential IPO, Garlinghouse clarified Ripple has no immediate plans to go public in the U.S. due to regulatory uncertainty. The company plans to continue similar buybacks to provide liquidity for stakeholders. Ripple's announcement comes amid its ongoing legal battle with the SEC over XRP's classification, though Garlinghouse noted the case's outcome won't significantly impact the company's business.