Ripple CEO confirms company won’t go public until 2025

avatar
ODAILY
04-27
This article is machine translated
Show original
Odaily Planet News: Ripple's President Monica Longing stated in an interview that Ripple has no plans to go public in 2025. Longing pointed out that the company has sufficient cash reserves and does not need to raise funds or increase visibility through an IPO, and CEO Brad Garlinghouse supports this decision. Previously, Ripple had repurchased some shares at a valuation of $11.3 billion this year, lower than the $15 billion valuation in 2022, demonstrating its strategy of maintaining independent development. (Cointelegraph)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments