Ripple reiterates that there are no plans for an IPO, stating that it will continue to remain private and focus on business expansion

Ripple President Monica Long stated that the company currently has no plans to pursue an initial public offering (IPO) and will continue to operate privately, focusing on growth through product development and acquisitions. She noted that Ripple's financial situation is robust, and there is no need to seek capital market liquidity through a public listing, as it has the capability to continue investing in the company's development.

Monica Long's remarks came after Ripple completed a round of financing of approximately $500 million in November 2025, which corresponded to a valuation of about $40 billion, with investors including Fortress Investment Group, Citadel Securities, and several funds in the cryptocurrency sector. Regarding the investor protection mechanisms involved in the financing terms, she only stated that the overall structure is relatively favorable for Ripple, without further elaborating on the details of the relevant terms.

The report also mentioned that Ripple completed several acquisitions in 2025, including the prime broker Hidden Road, the stablecoin payment platform Rail, the treasury management system GTreasury, and the digital asset wallet and custody company Palisade, with a total acquisition amount close to $4 billion. Ripple disclosed that as of November last year, its payment business had processed a cumulative transaction volume exceeding $95 billion, and related products are continuously expanding around enterprise-level digital asset infrastructure.