Skip to main content

Ripple President Confirms Stay Private Despite IPO Hopes



Ripple Executive Confirms No Plans for IPO Despite $40 Billion Valuation



Ripple Labs continues to emphasize its commitment to remaining a private entity, despite achieving a significant valuation of $40 billion following a $500 million funding round in November. Ripple's leadership, including President Monica Long, has dismissed speculation around an imminent initial public offering (IPO), citing the company's strong financial position and growth strategy. In an interview with Bloomberg, Long articulated the company’s focus on expansion and investment, choosing not to pursue a public listing at this stage.



Key Takeaways



  • Ripple's leadership has reiterated plans to stay private, despite high-profile fundraising and valuation.

  • The $500 million funding round was led by Citadel Securities and Fortress Investment Group.

  • Long highlighted that going public is primarily driven by the need for investor access and liquidity, which Ripple currently does not require.

  • Speculation about an IPO has increased after the SEC announced it would wind down enforcement actions against Ripple, but the company remains committed to private growth.



Tickers mentioned: XRP



Sentiment: Neutral



Price impact: Neutral. Despite the company’s affirmation of staying private, XRP’s recent price drop reflects broader market fluctuations rather than company-specific developments.



Market context: Ripple’s strong valuation and strategic funding rounds occur amid evolving crypto regulations in the US, notably following the SEC's decision related to enforcement actions against the firm.



Ripple Labs, a leading blockchain technology company, has clarified its stance amid ongoing industry speculation. Despite reaching a valuation of $40 billion in November after a $500 million funding round led by prominent investors including Citadel Securities and Fortress Investment Group, Ripple remains committed to operating as a private company. Monica Long, Ripple’s president, reaffirmed this position in a recent interview with Bloomberg, emphasizing that the firm does not see an immediate need for an IPO.



"Currently, we still plan to remain private," Long stated. She explained that the primary motivations for conducting an IPO—such as gaining access to public market liquidity and broader investor reach—are not pressing concerns for Ripple at this stage. The company is focused on leveraging its financial strength to continue growth and expansion within the blockchain space.



This stance aligns with recent regulatory developments. The US Securities and Exchange Commission announced it would wind down its enforcement actions against Ripple, fueling speculation that the company might revisit its public listing plans. However, Long has consistently denied any immediate move toward an IPO.



Meanwhile, Ripple’s efforts in the US are supported by recent regulatory advances. In December, the Office of the Comptroller of the Currency granted conditional approval to Ripple and other firms—such as Circle and BitGo—to convert their trust companies into federally chartered banks. Ripple’s application explicitly states that its US dollar-pegged token, Ripple USD, will not be issued as a stablecoin, while the other approved companies will provide custody and asset management services.



https://www.cryptobreaking.com/ripple-president-confirms-stay-private/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=Ripple%20President%20Confirms%20Stay%20Private%20Despite%20IPO%20Hopes%20
Labels:

Comments

Post a Comment

Popular posts from this blog

Scaramucci Family Invests $100M in Trump-Backed Bitcoin Mining Firm

The recent investment in American Bitcoin highlights the growing interest and participation of prominent figures and families in the cryptocurrency mining sector, particularly in the United States. With over $100 million from the Scaramucci family’s Solari Capital and backing from notable entrepreneurs and investors, American Bitcoin is solidifying its position as a significant player in the evolving blockchain and crypto markets. This move underscores the increasing institutional and individual involvement in Bitcoin and related assets, shaping the future of the crypto industry amidst regulatory and market dynamics. The Scaramucci family’s private investment firm, Solari Capital, has committed over $100 million to American Bitcoin, a major U.S.-based mining company. American Bitcoin raised $220 million in a funding round before going public via reverse merger, with notable backers including Tony Robbins, Charles Hoskinson, Grant Cardone, and Peter Diamandis. The company ...
Post a Comment
Read more

What Does it Mean When BTC Futures Turn Negative Compared to Spot Price?

Recent shifts in the cryptocurrency market highlight a growing cautious sentiment among traders, as the Bitcoin futures-to-spot basis has turned negative for the first time since March 2025. This development suggests a potential cooling of investor enthusiasm, with traders showing a preference to de-risk amid increasing market volatility. The trend underscores ongoing uncertainty in the crypto markets, impacting Bitcoin’s price outlook and trading dynamics. Bitcoin futures-spot basis has dipped into negative territory, signaling increased caution among traders. Internal exchange flow surges often precede heightened volatility and liquidity stress. The market’s leverage ratio has decreased, indicating a healthier futures environment and reduced forced-liquidation risks. Historical patterns of negative basis may point either to a market bottom or further downside, depending on subsequent price movements. Bitcoin futures-spot basis signals two different pathways Bitcoi...
Post a Comment
Read more

Binance Blockchain Week Main Stage Agenda

DUBAI- Friday, 21th November 2025 - Binance Blockchain Week will feature a lineup of government leaders, industry pioneers, and cultural icons for pivotal discussions on the future of the digital economy. The event will unpack critical topics, from Bitcoin and tokenization to the future of digital money, with headline keynotes and debates. KEY HIGHLIGHTS: UAE Leadership in AI and Digital Economy: His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, will open the main stage with a keynote address on the UAE's strategic vision and leadership in AI, digital assets, and the future economy. Michael Saylor's UAE Debut: Michael Saylor, Executive Chairman & Co-Founder of MicroStrategy, will deliver his first ever keynote in the UAE, "The Undeniable Case for Bitcoin," followed by a live community AMA. Industry Titans Unite: A powerhouse panel featuring Brad Garlinghouse (CEO, Ripple), Lily Liu (President & Co-Founder, Solan...
Post a Comment
Read more