Ripple Reiterates No IPO Plans for Now, Says It Will Remain Private and Focus on Business Expansion

Odaily News Ripple President Monica Long stated that the company currently has no plans to advance an Initial Public Offering (IPO) and will continue to operate as a private entity, focusing on growth through product development and mergers and acquisitions. She noted that Ripple is currently in a strong financial position and does not need to go public to access capital market liquidity, as it already possesses the capability to continuously invest in the company's development.

Monica Long's comments came after Ripple completed a funding round of approximately $500 million in November 2025, which corresponded to a valuation of around $40 billion. Investors included Fortress Investment Group, Citadel Securities, and several cryptocurrency-focused funds. Regarding the investor protection mechanisms involved in the financing terms, she only stated that the overall structure was relatively favorable to Ripple and did not elaborate further on the details of the relevant terms.

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