Ripple Maintains Private Status Despite $40 Billion Valuation
- Ripple’s valuation reached $40 billion following a $500 million capital raise.
- President Monica Long stated that Ripple has no immediate plans for an IPO, citing a strong balance sheet and private capital access.
- The company is backed by major investors like Citadel and Fortress.
- Ripple used the raised funds to acquire four companies in 2025, focusing on integration.
- The company is prioritizing product development to connect traditional finance with digital assets, emphasizing compliance and custody solutions.
- Ripple holds over 70 licenses globally to support regulated financial flows for clients.
Ripple remains focused on growth through private funding, leveraging its strong financial position and strategic investor backing without pursuing an IPO. The company’s emphasis on compliance and infrastructure aims to bridge traditional finance with digital assets effectively.
Source (3.2)https://cryptobriefing.com/ripple-president-monica-long-no-ipo/?rand=59535