Ripple says no IPO plans despite $40B valuation from Wall Street

Ripple President Monica Long confirmed on January 6 that, despite the long-standing hopes, the cryptocurrency company has no plans to conduct an initial public offering (IPO) in the foreseeable future.

The latest news reiterates the comments made during the November 2025 Swell conference in New York, it also explains that Ripple’s strong institutional backers and the overall size of its treasury have all but removed the need for public funding:

Between the strength of our balance sheet stand alone, which is really, you know, what we’ve been able to leverage to make these acquisitions alongside interest from strategics like Citadel and Fortress. We’re in a really healthy position to continue to fund and invest in our company’s growth without going public, said Long in an interview with Bloomberg on Tuesday.

Indeed, Ripple raised as much as $500 million in November at a $40 billion valuation, highlighting the feasibility of the firm remaining a private enterprise. Interestingly, this was the blockchain giant’s first such round since 2019, when it raised $200 million.

Furthermore, Long confirmed that the company’s priority in early 2026 is the full integration of the business it acquired last year – Hidden Road, Rail, GTreasury, and Palisade.

Yes, we were very pleased with the fundraise in Q4. And you also mentioned, you know, 2025 was a big year for Ripple for both our organic growth and then also inorganic. So we had acquired four companies last year with the fundraise as well. We are now focused on integrating those businesses and continuing to grow.

Ripple enters 2026 after deluge of 2025 company milestones

Going into 2026, Ripple has no shortage of reasons to feel confident. One reason for this is evident in President Monica Long’s comments that Wall Street investors and partners have seen that the firm’s business is working.

Likewise, last year featured explosive growth in terms of the XRP Ledger user activity and for the RLUSD stablecoin – launched in December 2024 – which, at press time, boasts a market capitalization of approximately $1.33 billion.

Similarly, Ripple’s long-lasting legal battle with the Securities and Exchange Commission (SEC) – one of the key reasons why the firm never went forward with its previously considered IPO plans – ended in a settlement in the summer of 2025.

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