[Ripple Reaffirms No IPO Plans, Focuses on Business Expansion]
Ripple President Monica Long stated that the company has no plans for an initial public offering (IPO) and will continue to operate privately, focusing on growth through product development and acquisitions. She mentioned that Ripple's financial position is robust, eliminating the need to access capital market liquidity through listing, and the company has the capability for sustained investment. Previously, in November 2025, Ripple completed a financing round of approximately $500 million, with a valuation of around $40 billion. Investors included Fortress Investment Group, Citadel Securities, and several crypto-focused funds. In 2025, Ripple completed multiple acquisitions totaling nearly $4 billion, with targets including Hidden Road, Rail, GTreasury, and Palisade. As of last November, Ripple's payment business had accumulated a transaction volume exceeding $95 billion.