Ripple has “no plans or timeline” for an IPO, President Monica Long declared, which is just the sort of vague nonsense that makes investors everywhere sigh with relief. This follows a $500 million funding round valuing it at $40 billion. A figure so absurd, one might wonder if the valuation was done by a particularly enthusiastic parrot 🦜.
Ripple President Monica Long made a significant announcement. At the Swell conference in New York, she stated the company has “no plans or timeline” for an IPO. This means no intention for the short term. As a result, Ripple will not be participating in other crypto companies going public. A decision as thrilling as watching paint dry, but with more digital assets 💸.
Ripple Dismisses Market Rumors of Imminent Public Listing
Her comments come after a recent funding round of $500 million. This seed funding greatly boosted Ripple’s valuation. The company is currently valued at $40 billion. Therefore, this statement implies that Ripple will continue to remain private. A choice as bold as refusing to attend a party where everyone’s wearing formal attire 👗.
Related Reading: Ripple News: Ripple Hits $40 Billion Valuation After $500 Million Strategic Funding Round | Live Bitcoin News
Bloomberg talked to Monica Long, who only said: “We don’t have an IPO timeline.” She repeated “No plan, no timeline.” This clarity dispenses with the constant market speculation. According to a Bloomberg report, Ripple is not going to follow other digital asset companies. Many are looking for public listings. As a result, Long pointed out the company’s internal priorities. They are focusing on internal growth and building their ecosystem. A strategy as exciting as watching a teakettle whistle 🫣.
This focus is more important than an IPO. Her comments rule out market speculation. These rumors indicated that Ripple would be going public soon. Thus, the company is taking its own path. A path as winding as a drunken snail on a trampoline 🐌.
Earlier this year, investors from around the world came in for Ripple’s latest round of funding. This private financing was a major driving force behind its valuation. It was the company’s initial public offering in six years. It was also its biggest capital injection since 2019. A financial feat so impressive, it’s almost enough to make you forget the chaos of 2022 🧠.
The US $500 million investment was participated in by well-known companies. The round was led by Fortress Investment Group and Citadel Securities. Other firms that participated were Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. A who’s who of financial giants, all eager to fund a company that’s basically a cryptocurrency version of a luxury yacht 🚢.
The funding puts a value of $40 billion on Ripple. This is greater than a threefold increase. Its last valuation (January 2024) was $11.3 billion. Therefore, the company is adequately financed. Adequately, that is, if you consider $40 billion to be “adequate” in a world where a single tweet can crash markets 📱.
Ripple Reaffirms Focus on Adoption, Not IPO, at Swell Conference
Ripple gives the impression of a product scaling strategy. It is giving precedence over the capital market activity. Thus, the method stands in comparison to other exchanges such as Coinbase. Coinbase went public to increase institutional awareness. A move as predictable as a sunset in the desert ☀️.
The Swell conference in New York was an opportunity for this. Ripple used it to additionally reaffirm its operations direction. CEOs talked about ongoing projects. However, the company did not make any mention of regulatory developments or IPO plans. A silence so profound, it could make a monk weep 🙏.
Bloomberg said Ripple’s strategy continues to be on adoption. It is fostering the use of its payment technologies. Improving business relationships is also a major goal. Therefore, its strategy is well identified. Well identified, that is, if “identifying” means “mumbling into a void while hoping for the best” 🤷♂️.
Ripple is currently one of the most valuable private fintech companies. In any case, its choice to wait until a public listing is postponed is a conservative approach. This is especially true in an unstable crypto market environment. A conservative approach, that is, if “conservative” means “sticking your head in the sand while the world burns” 🔥.
A great customer growth was commented on by Monica Long, too. The company has doubled its customers quarter after quarter. She claims that there are several reasons for this growth. One is the increased adoption of stablecoin payments. A growth so rapid, it’s like watching a toddler learn to walk-terrifying and oddly inspiring 🎉.
Another factor is a more positive regulatory environment in the U.S. Thus, these internal and external conditions align well with Ripple’s current strategy. The company can finance its growth by making acquisitions and partnerships. A strategy as reliable as a broken clock, but at least it’s not a ticking time bomb ⏳.
This move to stay private is different from other big crypto companies. Several went public in 2025. These are Circle, Bullish, Gemini, and Figure Technology. Ripple, therefore, is treading its own path. A path as unique as a left-handed trombone player in a symphony orchestra 🎺.
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2025-11-07 19:41