Ripple reaffirms no IPO plans, citing strong balance sheet and growth focus: Bloomberg
Summary
Ripple has no current plans for an initial public offering (IPO), according to President Monica Long, who emphasized the company’s robust financial health and preference for private expansion. Long stated that Ripple can continue to fund its growth without accessing public markets, especially after a recent $500 million funding round in November 2025 at a $40 billion valuation. This funding involved investors like Fortress Investment Group and Citadel Securities. Ripple’s 2025 growth included four major acquisitions – Hidden Road, Rail, GTreasury, and Palisade – totaling nearly $4 billion, aimed at becoming a comprehensive digital asset infrastructure provider. Ripple Payments processed over $95 billion in volume, and Ripple Prime is expanding into new areas like collateralized lending, all centered around its stablecoin, RLUSD.
(Source:The Block)