No rush to ring the bell! Ripple reiterates no IPO plans for now, with sufficient cash on hand

2026-01-07 09:00:45

Blockchain payment company Ripple President Monica Long stated that the company currently has no IPO plans and emphasized that Ripple’s financial position is stable. Rather than going public, Ripple prefers to expand through acquisitions and product development.
In an interview with Bloomberg on Tuesday, Monica Long mentioned: “At this stage, we still plan to remain private. Typically, companies pursue an IPO to gain investor support or liquidity in the public market, but our current financial health is very strong. We are fully capable of continuing to fund and invest in the company’s growth without going public.”
Ripple only completed a $500 million private placement last November, raising $4 billion, with top institutional investors including Fortress Investment Group, Citadel Securities, and others.
It is worth noting that although there is curiosity about whether this round of funding includes investor protection clauses such as “Put Options” or “Priority Payment Rights,” Monica Long responded that “the transaction structure is very favorable to Ripple” without providing further details.
Looking back to 2025, Ripple’s expansion accelerated significantly, with nearly $4 billion invested and four companies acquired, completing a spectacular transformation from a payment service provider to a “comprehensive digital asset infrastructure”:

Hidden Road: A multi-asset prime broker providing institutional trading and clearing services
Rail: A stablecoin payment platform
GTreasury: A corporate treasury and cash management system provider
Palisade: A digital asset wallet and custody service provider

As of last November, Ripple Payments had processed over $95 billion in transactions. After acquiring Hidden Road, Ripple launched Ripple Prime, which has recently expanded into Collateralized Lending and institutional-grade XRP-related products.
It is noteworthy that Ripple’s USD stablecoin RLUSD has become a core pillar supporting these two major businesses.

XRP-7.29%

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