Ripple Has No Immediate IPO Timeline, Says President

Highlights:

• Ripple is not in a hurry to go public and prefers to remain a private company.
• In 2025, Ripple secured a funding round of $500 million, reaching a valuation of $40 billion.
• The company is focusing on the integration of acquisitions and enhancing institutional finance products.

Ripple, the leading fintech company, has stated that going public is not among its immediate plans despite raising $500 million in a new funding round. President Monica Long, speaking to Bloomberg, reaffirmed the commitment of the company to remain private. She pointed out that Ripple does not require public market capital to support its rapid growth.

Long pointed out that most companies seek an initial public offering for the purpose of gaining liquidity or increasing their investor base. However, Ripple has a solid financial position that enables it to support its growth without requiring a listing. The company was valued at around $40 billion when it raised $500 million in November 2025. The investment round was participated in by traditional finance and crypto investors alike, including Fortress Investment Group, Citadel Securities, and Galaxy Digital.

Long said that the deal structure was in favour of Ripple’s long-term strategy. She characterized the fundraising terms as very positive and beneficial to ongoing development. Through this strong backing, Ripple was able to expand its operations without the pressure of external markets.

Ripple President Monica Long just dropped key updates on their M&A and growth strategy:

🏁 Vertical Integration: Building the "full stack" of crypto combining blockchain, stablecoins RLUSD, and custody (Palisade).

🏁 Acquisition Strategy: Focusing on tech to accelerate… pic.twitter.com/XjtenCyIZ6

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) January 6, 2026

Ripple Expands Through Acquisitions and Strategic Growth

Ripple executed several major acquisitions, totalling nearly $4 billion in 2025, in order to expand its institutional finance infrastructure. The company acquired Hidden Road, a multi-asset prime broker internationally, for $1.25 billion. The acquisition later became the Ripple Prime, an institutional platform that currently supports collateralized lending and XRP-based products.

Ripple also bought GTreasury at a price of $1 billion and ventured into corporate treasury management. The company then acquired Rail, a Toronto-based stablecoin payments network handling 10% of global B2B stablecoin transactions. Furthermore, Ripple has acquired digital asset custody firm Palisade to diversify its portfolio.

We’re proud to announce @Ripple is acquiring treasury management leader GTreasury: https://t.co/9EF3tWLKaF

The fusion of Ripple’s enterprise crypto solutions with GTreasury’s 40+ years of expertise immediately opens the multi-trillion-dollar corporate treasury market.

Learn how…

— Ripple (@Ripple) October 16, 2025

This move reflects the desire of the company to become a one-stop provider for enterprise blockchain infrastructure. According to Long, the core belief of the company is to develop functional blockchain products. She emphasized the efforts to make stablecoins and tokenized assets useful in real-world finance.

Private Status Enables Flexibility and Innovation

The leadership at Ripple believes that remaining private provides the company with flexibility, which is lost when a company becomes public. According to Long, running privately enables Ripple to move quickly and invest capital more efficiently. In the absence of quarterly earnings pressure, the company is able to concentrate on innovation.

Long also noted that privacy allows the firm to innovate around XRP and blockchain adoption without external pressures. The focus is on product creation, partnership developments, and integrations of new acquisitions.

Ripple’s core product, Ripple Payments, processed a total volume of more than $95 billion as of late 2025. The dollar-backed stablecoin of the company, RLUSD, surpassed the $1 billion market cap. Ripple plans to integrate RLUSD across its payments and prime brokerage systems to achieve efficiency.

Meanwhile, CEO Brad Garlinghouse at the 2025 Swell conference said that the firm would explore additional partnerships in 2026. He emphasized Mastercard and Gemini deals as a part of Ripple’s institutional product strategy. These align with the broader goal of the firm to develop real-world applications of stablecoins and tokenized assets.