Ripple says no IPO plans despite $40B valuation from Wall Street
2026-01-07 20:15

Ripple President Monica Long confirmed on January 6 that, despite the long-standing hopes, the cryptocurrency company has no plans to conduct an initial public offering ( IPO ) in the foreseeable future. The latest news reiterates the comments made during the November 2025 Swell conference in New York, it also explains that Ripple’s strong institutional backers and the overall size of its treasury have all but removed the need for public funding: Between the strength of our balance sheet stand alone, which is really, you know, what we’ve been able to leverage to make these acquisitions alongside interest from strategics like Citadel and Fortress. We’re in a really healthy position to continue to fund and invest in our company’s growth without going public, said Long in an interview with Bloomberg on Tuesday. Indeed, Ripple raised as much as $500 million in November at a $40 billion valuation, highlighting the feasibility...
https://finbold.com/ripple-says-no-ipo-plans-despite-40b-valuation-from-wall-street/