Ripple has “no plans or timeline” for an IPO, President Monica Long stated. This follows a $500 million funding round valuing it at $40 billion.
Ripple President Monica Long made a significant announcement. At the Swell conference in New York, she stated the company has “no plans or timeline” for an IPO. This means no intention for the short term. As a result, Ripple will not be participating in other crypto companies going public.
Ripple Dismisses Market Rumors of Imminent Public Listing
Her comments come after a recent funding round of $500 million. This seed funding greatly boosted Ripple’s valuation. The company is currently valued at $40 billion. Therefore, this statement implies that Ripple will continue to remain private.
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Bloomberg talked to Monica Long, who only said: “We don’t have an IPO timeline.” She repeated “No plan, no timeline.” This clarity dispenses with the constant market speculation. According to a Bloomberg report, Ripple is not going to follow other digital asset companies. Many are looking for public listings. As a result, Long pointed out the company’s internal priorities. They are focusing on internal growth and building their ecosystem.
This focus is more important than an IPO. Her comments rule out market speculation. These rumors indicated that Ripple would be going public soon. Thus, the company is taking its own path.
Earlier this year, investors from around the world came in for Ripple’s latest round of funding. This private financing was a major driving force behind its valuation. It was the company’s initial public offering in six years. It was also its biggest capital injection since 2019.
The US $500 million investment was participated in by well-known companies. The round was led by Fortress Investment Group and Citadel Securities. Other firms that participated were Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
The funding puts a value of $40 billion on Ripple. This is greater than a threefold increase. Its last valuation (January 2024) was $11.3 billion. Therefore, the company is adequately financed.
Ripple Reaffirms Focus on Adoption, Not IPO, at Swell Conference
Ripple gives the impression of a product scaling strategy. It is giving precedence over the capital market activity. Thus, the method stands in comparison to other exchanges such as Coinbase. Coinbase went public to increase institutional awareness.
The Swell conference in New York was an opportunity for this. Ripple used it to additionally reaffirm its operations direction. CEOs talked about ongoing projects. However, the company did not make any mention of regulatory developments or IPO plans.
Bloomberg said Ripple’s strategy continues to be on adoption. It is fostering the use of its payment technologies. Improving business relationships is also a major goal. Therefore, its strategy is well identified.
Ripple is currently one of the most valuable private fintech companies. In any case, its choice to wait until a public listing is postponed is a conservative approach. This is especially true in an unstable crypto market environment.
A great customer growth was commented on by Monica Long, too. The company has doubled its customers quarter after quarter. She claims that there are several reasons for this growth. One is the increased adoption of stablecoin payments.
Another factor is a more positive regulatory environment in the U.S. Thus, these internal and external conditions align well with Ripple’s current strategy. The company can finance its growth by making acquisitions and partnerships.
This move to stay private is different from other big crypto companies. Several went public in 2025. These are Circle, Bullish, Gemini, and Figure Technology. Ripple, therefore, is treading its own path.
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