Ripple Labs has officially closed the door on plans for an initial public offering (IPO) and will remain a private company despite recent speculation. Company President Monica Long confirmed that Ripple does not have an IPO timeline or intention to go public, even after closing a $500 million funding round that valued the firm at about $40 billion and attracted major investors like Fortress Investment Group and Citadel Securities.
Long emphasized that Ripple’s strong balance sheet and liquidity allow it to fund growth, pursue acquisitions, and expand products without accessing public capital markets. The firm has completed several strategic acquisitions and continues focusing on building out enterprise digital-asset infrastructure, including payments, treasury services, and stablecoins.
By choosing to stay private, Ripple avoids the scrutiny and short-term pressures of public markets while positioning itself for long-term innovation and expansion in blockchain and tokenized finance.
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