TLDR
- Ripple President Monica Long confirmed that the company has no plans to go public at this time.
- She stated that Ripple is in a strong financial position and does not need to pursue an IPO.
- In November 2025, Ripple raised $500 million in a major funding round backed by leading investors.
- The funding round valued Ripple at approximately $40 billion, up from $11.3 billion earlier that year.
- Investors in the round included Fortress Investment Group, Citadel Securities, and Galaxy Digital.
Ripple continues to operate as a private company and has no current timeline for an initial public offering, confirmed President Monica Long, who emphasized the company’s strong financial position, recent strategic funding, and its ongoing focus on integration and institutional finance infrastructure.
Ripple Confirms No IPO Plans
Ripple President Monica Long stated that the company has no immediate intention to pursue an IPO. “We still plan to remain private,” Long told Bloomberg during a recent appearance.
She added that Ripple does not require an IPO to support its business goals or growth plans.
According to Long, “We are in a really healthy position to continue to fund and invest in our company’s growth.”
She explained that access to liquidity is often a driving factor for going public, but Ripple does not face that challenge. Ripple remains focused on execution rather than the pressures of the public markets.
Long reaffirmed confidence in the company’s current capital structure and operating independence. Ripple aims to prioritize product growth and business integration in the near term.
In November 2025, Ripple raised $500 million in a strategic funding round, its first major capital raise since 2019. The raise valued Ripple at approximately $40 billion, a sharp rise from earlier valuations that year.
The company’s prior valuation stood at $11.3 billion, based on a share buyback in early 2025. Ripple’s latest round attracted backers across traditional finance and the crypto sector.
Investors included Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, and Marshall Wace. The funding round was designed to support Ripple’s goal of becoming an institutional finance infrastructure partner.
Long described the company as “very pleased” with its Q4 fundraising outcomes. She said the funding round has positioned Ripple to pursue long-term business goals without pressure to go public.
Ripple Focuses on Integration and Institutional Growth
Ripple used close to $4 billion last year for acquisitions to expand its product ecosystem and infrastructure capabilities. Its most prominent acquisition was Hidden Road, a prime broker purchased for $1.25 billion in April 2025.
The company rebranded it as Ripple Prime to serve institutional clients more effectively. Following this expansion phase, Ripple is now focused on integrating acquired entities.
Long said the current priority is to ensure recent acquisitions are fully aligned with Ripple’s broader operations. She also confirmed that the company is now concentrating on practical uses of tokenized assets and stablecoins.
Ripple is building functionality around real-world utility for blockchain-based financial products.
“We are focused on making stablecoins and tokenized assets actually useful,” Long stated.


