Ripple has reaffirmed that it does not intend to pursue an initial public offering, citing its financial strength and ability to fund growth without accessing public equity markets. Speaking in an interview with Bloomberg, President Monica Long said the company remains well capitalized and sees no strategic urgency to go public.
Long noted that IPOs are often driven by a need for liquidity or broader investor access, neither of which Ripple currently requires. Instead, the company plans to continue operating privately while investing in product development, infrastructure, and selective acquisitions. The stance reflects a broader trend among large private technology and crypto firms delaying listings amid volatile market conditions.
Recent Funding Highlights Institutional Support
Ripple’s position is underpinned by a $500 million private funding round completed in November 2025 at a reported $40 billion valuation. The round included participation from Fortress Investment Group, Citadel Securities, and several crypto-focused investment firms, signaling continued institutional appetite for established digital asset infrastructure providers.
Long characterized the financing terms as favorable to the company, emphasizing flexibility and long-term alignment with investors. While she declined to provide detailed disclosures, she described the overall structure as supportive of Ripple’s strategic objectives. The fundraising provided additional capital without the regulatory and disclosure burdens associated with becoming a public company.
From a competitive standpoint, access to private capital allows Ripple to move quickly in a consolidating market. Crypto infrastructure firms are increasingly competing for enterprise clients, payment partners, and regulatory clarity, making balance sheet strength a key differentiator.
Broader Market and Strategic Context
Ripple’s decision comes as equity markets remain selective toward new listings, particularly in the technology and digital asset sectors. While IPO activity has shown signs of recovery, valuation scrutiny and post-listing performance remain concerns for late-stage private companies. Remaining private enables Ripple to focus on execution rather than quarterly earnings expectations.
Institutionally, Ripple continues to position itself as a long-term payments and blockchain infrastructure provider rather than a short-term growth story. The company has previously indicated interest in acquisitions that complement its cross-border payments and liquidity solutions, areas where scale and regulatory engagement are increasingly important.
Long’s comments suggest that Ripple views its current capital structure as sufficient to navigate both market cycles and regulatory developments. With significant private backing and a focus on operational expansion, the company appears comfortable deferring any consideration of a public listing. For investors and competitors alike, the message underscores Ripple’s confidence in its balance sheet and its belief that remaining private best supports its growth trajectory in the current environment.