TLDR
- Ripple has confirmed that it has no plans or timeline for an IPO at this stage.
- President Monica Long said the company is well-capitalized and can fund its growth independently.
- Ripple’s customer base has doubled quarter over quarter driven by stablecoin payment demand.
- The company’s RLUSD stablecoin has surpassed a $1 billion market cap within a year of launch.
- Ripple recently raised $500 million in a strategic funding round led by major investment firms.
Ripple has dismissed speculation about a potential public listing, confirming there is no plan or timeline for a Ripple IPO. President Monica Long said the blockchain payments company remains well-capitalized and does not require external funding to expand its operations.
Ripple Confirms No Plans for Public Listing
Speaking to Bloomberg, Long stated that Ripple has “no plan, no timeline” for an IPO at this stage. She emphasized that the company sees little value in pursuing a Ripple IPO while it maintains strong financial independence.
She said Ripple is “in a fortunate position” and can fund both organic growth and acquisitions without raising new capital. The company’s decision reflects confidence in its internal resources and business direction.
Ripple has continued to invest heavily in its global infrastructure while avoiding the regulatory pressures that come with going public. The firm believes its current structure supports long-term expansion and product development more efficiently.
Strong Growth and Expanding Customer Base
Long highlighted that Ripple’s customer base doubled quarter-over-quarter, showing a surge in institutional adoption. She linked this growth to increased demand for stablecoin-based payments and regulatory clarity in major markets.
“The market has really opened up,” Long said, referring to the adoption of Ripple’s RLUSD stablecoin. Ripple’s strategy centers on scaling its payments infrastructure while maintaining compliance with emerging global standards.
The company has focused on building partnerships that enhance transaction efficiency and expand its cross-border network. Despite avoiding a Ripple IPO, Ripple continues to strengthen its presence in financial technology markets worldwide.
RLUSD Drives Ripple’s Expansion Strategy
Ripple launched its RLUSD stablecoin last year, which has quickly gained traction in the payments ecosystem. The company said RLUSD’s circulation recently surpassed a $1 billion market cap, less than a year since its debut.
Ripple partnered with Mastercard, WebBank, and Gemini in a pilot program using RLUSD for credit card settlement. The initiative showcases Ripple’s efforts to integrate blockchain-based solutions into traditional financial systems.
The RLUSD project underscores Ripple’s shift toward scalable, utility-driven digital assets rather than focusing on a Ripple IPO. Long confirmed that these partnerships help drive both adoption and innovation across Ripple’s financial ecosystem.
Ripple recently raised $500 million in a strategic round led by Fortress Investment Group, Citadel Securities, and Pantera Capital. Other investors included Galaxy Digital, Brevan Howard, and Marshall Wace, bringing Ripple’s valuation to $40 billion.
The successful funding supports Ripple’s continued independence, reinforcing why a Ripple IPO remains off the table. The company plans to use the capital for acquisitions and infrastructure expansion.
Ripple’s leadership views its strong balance sheet as a key reason to remain private for now. This approach enables Ripple to retain strategic control while growing its market share and product suite.
Acquisitions and Strategic Developments
Earlier this month, Ripple acquired digital asset custody provider Palisade to enhance its institutional offerings. The acquisition adds secure multiparty computation and multichain support to Ripple’s platform.
This move aligns with Ripple’s plan to provide end-to-end digital asset management under one unified system. By strengthening its technology base, Ripple aims to improve service reliability and security for enterprise clients.
Ripple’s focus on acquisitions rather than a Ripple IPO reflects its preference for controlled, sustainable expansion. The company continues to build a diversified ecosystem centered on blockchain payments and digital asset custody.
While several crypto firms have gone public in 2025, Ripple remains focused on private growth. Companies like Circle, Bullish, and Gemini have pursued listings, reopening the IPO window for digital asset firms.
However, Ripple’s leadership maintains that its private status provides more flexibility for strategic decisions. The company continues to prioritize product development and customer growth over pursuing a Ripple IPO.
