Ripple reiterated that it has no plans for an IPO at this time, stating that it will remain private and focus on business expansion.

This article is machine translated
Show original

According to Odaily Odaily, Ripple President Monica Long stated that the company currently has no plans to pursue an initial public offering (IPO) and will continue to operate privately, focusing on growth through product development and mergers and acquisitions. She pointed out that Ripple's current financial situation is sound, and it does not need to go public to obtain liquidity from the capital markets, possessing the ability to continue investing in the company's development.

Monica Long's remarks came after Ripple completed a funding round of approximately $500 million in November 2025, valuing the company at around $40 billion. Investors included Fortress Investment Group, Citadel Securities, and several crypto-focused funds. Regarding the investor protection mechanisms in the funding terms, she only stated that the overall structure was favorable to Ripple, without elaborating on the specific details.

The report also mentioned that Ripple completed several acquisitions in 2025, including prime brokerage Hidden Road, stablecoin payment platform Rail, treasury management system GTreasury, and digital asset wallet and custody company Palisade, with a total acquisition value approaching $4 billion. Ripple disclosed that as of November last year, its payment business had processed over $95 billion in transactions, and its related products are continuously expanding around enterprise-grade digital asset infrastructure. (The Block)

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