Ripple again rules out IPO, saying balance sheet gives it room to stay private

Ripple President Monica Long reiterated that the company has no current plans for an Initial Public Offering (IPO), stating that its strong balance sheet allows it to fund growth internally through acquisitions and product development without needing public market capital. This follows a significant $500 million funding round in November 2025, which valued Ripple at $40 billion, involving investors like Fortress Investment Group and Citadel Securities. Long described the deal terms as "very positive" despite reports of investor protections. The company has been aggressively expanding its enterprise digital asset infrastructure through nearly $4 billion in acquisitions in 2025, aiming to build the necessary connective tissue for traditional finance to utilize stablecoins and tokenized assets.

(Source：CoinDesk)