Ripple Plans $1 Billion XRP Buyback to Build New Digital Treasury

The blockchain firm’s move could make it the largest XRP treasury holder as it strengthens its digital asset strategy.

Ripple Reportedly Preparing $1 Billion XRP Purchase

Ripple Labs is reportedly preparing to launch a $1 billion fundraising effort to buy back its native token, XRP, as part of a plan to establish a new digital asset treasury (DAT). The initiative, revealed by Bloomberg, is said to be structured through a special purpose acquisition company (SPAC) and could mark one of the most significant token buybacks in the company’s history.

The proposed treasury will reportedly combine newly purchased XRP with Ripple’s existing holdings, though the final structure of the deal remains under discussion, according to Bloomberg’s anonymous sources. Ripple Labs has not yet issued an official comment on the reported plans.

Ripple Already Among the Largest XRP Holders

As of its May market report, Ripple held over 4.5 billion XRP directly, out of a total circulating supply exceeding 59 billion tokens. An additional 37 billion XRP remains locked in on-ledger escrow, released in portions each month — part of which is sold, while the rest returns to escrow.

If the company proceeds with the $1 billion acquisition, it could add approximately 427 million XRP to its reserves, further solidifying its position as the dominant holder of the token.

The news comes shortly after Ripple’s $1 billion acquisition of corporate treasury management firm GTreasury, which aims to enhance its capacity to manage and optimize digital assets, stablecoins, and tokenized deposits for institutional clients. The move signals Ripple’s broader ambition to build infrastructure for corporate digital asset treasuries and generate on-chain yield opportunities.

While Bitcoin and Ether remain the largest crypto treasury assets — with companies collectively holding $152 billion in BTC and $23 billion in ETH — XRP treasuries are still in their infancy.

However, Ripple’s move could change that dynamic, positioning it as the largest XRP-based treasury holder. Other firms are also showing interest: Trident Digital Tech Holdings in Singapore has announced plans for a $500 million XRP treasury, while Chinese AI firm Webus and VivoPower plan to allocate $300 million and $100 million, respectively, toward XRP reserves.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.