Ripple President Monica Long recently made a significant announcement regarding the company’s plans for an Initial Public Offering (IPO). Speaking at the Swell conference in New York, Long stated that Ripple has “no plans or timeline” for going public. This indicates that the company has no intention to pursue an IPO in the short term, distinguishing it from other crypto companies currently exploring public listings.
This clarification comes in the wake of Ripple’s latest funding round, where the company secured $500 million in private financing. This significant capital injection has boosted Ripple’s valuation to an impressive $40 billion, marking a more than threefold increase from its previous valuation of $11.3 billion in January 2024. The recent funding round was led by major investors including Fortress Investment Group and Citadel Securities, with participation from Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
In an interview with Bloomberg, Monica Long reiterated the company’s stance, saying, “We don’t have an IPO timeline,” and emphasizing, “No plan, no timeline.” These statements effectively dispel ongoing market speculation about an imminent public listing. According to Bloomberg’s report, Ripple is choosing a different path compared to many digital asset firms that are actively pursuing IPOs to raise institutional awareness and capital.
Instead of focusing on public market activity, Ripple is prioritizing internal growth and ecosystem development. Monica Long highlighted that the company’s current objectives revolve around scaling its products and fostering adoption of its payment technologies, rather than preparing for a public offering. This strategy contrasts with companies like Coinbase, which went public to boost institutional visibility.
The Swell conference provided Ripple an ideal platform to reaffirm its operational focus. While the company’s CEOs discussed ongoing projects, there was no mention of regulatory developments or IPO plans. It’s clear that Ripple’s strategy centers on improving business relationships and expanding the use of stablecoin payments, supported by a more positive regulatory environment in the U.S.
Customer growth has been another positive aspect for Ripple, with the company doubling its customer base quarter after quarter. Monica Long attributes this expansion to factors such as increased adoption of stablecoin payments and favorable regulatory changes. These internal successes and external conditions align well with Ripple’s conservative approach to remaining private, especially amid the current volatility in the crypto market.
Ripple’s decision to eschew a public listing at this time sets it apart from several other major crypto companies, including Circle, Bullish, Gemini, and Figure Technology, which have all filed for IPOs in 2025. By staying private and well-funded through strategic partnerships and acquisitions, Ripple is clearly carving its own path in the fintech space.
As one of the most valuable private fintech companies globally, Ripple’s cautious approach may help it sustain growth and innovation without the pressures of public market expectations. For now, investors and market watchers can expect Ripple to maintain its focus on adoption and ecosystem building rather than pursuing an imminent IPO.
https://bitcoinethereumnews.com/tech/ripple-news-ripple-confirms-no-ipo-timeline-after-500-million-funding-round/
