Ripple President Monica Long says company will stay private despite $40 billion valuation
Summary
Ripple President Monica Long stated that the company has no immediate pressure to pursue an Initial Public Offering (IPO), even after a recent $500 million funding round boosted its valuation to $40 billion. Long emphasized that a robust balance sheet, coupled with backing from strategic investors like Citadel and Fortress, allows Ripple to fund its growth and acquisitions—including four companies acquired in 2025—without needing public-market liquidity. She noted that the fundraising terms were very favorable, driven by investor interest in Ripple's infrastructure connecting traditional finance with digital assets. Furthermore, the company is prioritizing product development focused on compliance, custody solutions, and regulated on/off-ramps to support real-world adoption by financial institutions.
(Source:Crypto Briefing)