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Ripple Maintains Growth Focus, Dismisses IPO Rumors in Bloomberg Interview

Ripple President Monica Long has reiterated that the company has no intention to pursue an initial public offering (IPO), emphasizing its strong financial position.

In a recent interview with Bloomberg, Long highlighted that Ripple prefers to expand its operations privately through strategic acquisitions and product development.

She stated, "Currently, we still plan to remain private," noting that the IPO strategy often aims to access public market liquidity.

The company's recent fundraising round raised $500 million at a $40 billion valuation, attracting high-profile investors including Fortress Investment Group and Citadel Securities.

Long described the fundraising deal structure as "very positive" for Ripple, although she did not provide details on whether specific investor protections were essential for their participation.

In 2025, Ripple made significant strides by completing four acquisitions totaling nearly $4 billion to enhance its digital asset infrastructure.

These acquisitions included companies such as Hidden Road and Palisade, allowing Ripple to position itself as a leader in enterprise digital asset solutions.

Ripple has processed over $95 billion in total volume and has expanded its services to include collateralized lending and institutional XRP products.

With its stablecoin RLUSD at the center of its offerings, Ripple aims to bridge the gap between traditional finance and emerging crypto assets.

Long emphasized the company's strategy to create products that make cryptocurrencies and tokenized assets practically applicable in the real world.