The crypto ecosystem at the start of 2026 has sparked a wave of listings. Circle just completed its IPO, followed closely by Kraken and Gemini rushing to go public. Even OpenAI and SpaceX are preparing for their IPO plans. The entire market seems to be caught up in a collective celebration of "going public equals success."
But amidst this trend, XRP has made a completely opposite choice.
Valued at $40 billion, with top institutions like Citadel and Fortress holding investment stakes, XRP’s official announcement by Chair Monica Long stated: no IPO, continue to be a private domain giant. This move has left many puzzled.
Simply put, in this era where "going public is the peak," refusing an IPO usually means giving up access to public market financing channels and traffic dividends. But why does XRP dare to do this? The reason is quite straightforward: because it doesn’t need to.
This is not bragging. In November last year, XRP completed a $500 million private funding round, but the nature of this money is crucial—it’s not emergency funds, but used to "select strategic partners." Projects that can catch the eye of institutions like Citadel are extremely rare, and XRP has leveraged this financing to firmly hold top industry resources.
This is the real game. While other projects are still fighting for IPO funding and market attention, XRP has already mastered the balance of "financial sovereignty" and "ecological control." Choosing to stay private may seem like giving up something, but in reality, it grants complete decision-making power and more precise resource allocation.
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MechanicalMartel
· 6h ago
Damn, this is truly a move ahead of the rest.
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Degen4Breakfast
· 01-10 17:43
XRP this time is really a reverse move. While others are showing off their muscles and going public, it just directly throws in the towel and says it's not playing anymore.
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MemeCurator
· 01-08 20:50
Really, it's a matter of perspective. While others are eager to go public and cash out, XRP has already figured it out.
Not going public actually offers more freedom—that's true wisdom.
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AirdropATM
· 01-08 20:49
Wow, this is what true boldness is all about. Not following the trend to go public is even more impressive.
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GamefiGreenie
· 01-08 20:49
Really, I have to admit, XRP's move is brilliant, so clever.
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Not going public is even more impressive? I can't believe I didn't think of that logic.
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Holding Citadel is different, the financing rights are all in their hands.
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Wait, is this implying that going public is always forced?
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Private domain giants sound even more comfortable than listed companies.
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I understand now, control > financing, XRP stands taller.
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In the end, it's still about having enough resources to dare to go against the trend.
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A $40 billion valuation without going public? Are you sure you're not just bragging?
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That's called vision, while other projects are still queueing for IPOs.
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Thinking of the tragedies of some being forced to go public before, it makes sense.
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So, we retail investors should just obediently watch.
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AirdropBlackHole
· 01-08 20:46
Haha, it’s indeed a bit desperate. While others are rushing to IPO, XRP is not going public in a counter move.
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A valuation of 40 billion and still not going public? That kind of confidence must be truly hardcore.
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Honestly, XRP’s move is quite ruthless. Holding top-tier institutions gives it strong backing.
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Control over private domains > public market traffic dividends. They’ve truly understood this.
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Citadel, a big player, is willing to invest. They really don’t lack that IPO money.
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Not going public doesn’t mean no funding. I feel like XRP is playing 4D chess.
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Wait, does this mean XRP is locking billionaires into private domains? Brilliant.
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Other projects are still queuing for IPO, but XRP has already won big.
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This is called holding the discourse power. I’ve learned a lot.
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It seems not all projects need to go public to succeed.
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FlatlineTrader
· 01-08 20:40
Amazing, this is the true mindset of a big player
Being able to lock in top-tier resources through financing, why must it go public and be harvested like chives
XRP's move is indeed brilliant
The crypto ecosystem at the start of 2026 has sparked a wave of listings. Circle just completed its IPO, followed closely by Kraken and Gemini rushing to go public. Even OpenAI and SpaceX are preparing for their IPO plans. The entire market seems to be caught up in a collective celebration of "going public equals success."
But amidst this trend, XRP has made a completely opposite choice.
Valued at $40 billion, with top institutions like Citadel and Fortress holding investment stakes, XRP’s official announcement by Chair Monica Long stated: no IPO, continue to be a private domain giant. This move has left many puzzled.
Simply put, in this era where "going public is the peak," refusing an IPO usually means giving up access to public market financing channels and traffic dividends. But why does XRP dare to do this? The reason is quite straightforward: because it doesn’t need to.
This is not bragging. In November last year, XRP completed a $500 million private funding round, but the nature of this money is crucial—it’s not emergency funds, but used to "select strategic partners." Projects that can catch the eye of institutions like Citadel are extremely rare, and XRP has leveraged this financing to firmly hold top industry resources.
This is the real game. While other projects are still fighting for IPO funding and market attention, XRP has already mastered the balance of "financial sovereignty" and "ecological control." Choosing to stay private may seem like giving up something, but in reality, it grants complete decision-making power and more precise resource allocation.