Ripple Rules Out IPO As Private Capital Fuels Growth

Source: CryptoTale Original Title: Ripple Rules Out IPO As Private Capital Fuels Term Growth Original Link: Ripple has no plans to pursue an initial public offering, as the company continues to fund expansion through private capital, acquisitions, and product development, according to President Monica Long. Speaking to Bloomberg, Long said Ripple’s financial position removes the need to access public markets, even after a $500 million funding round valued the firm at $40 billion.

Long said the company prefers to remain private while it scales products and integrates recent acquisitions. She explained that Ripple already has sufficient capital and liquidity to support growth without issuing public shares. The comments followed renewed market speculation about a potential listing after the late-2025 fundraising.

“We’re in a really healthy position to continue to fund and invest in our company’s growth without going public,” Long told Bloomberg. She added that Ripple still plans to remain private, citing flexibility and control over long-term strategy.

Private Capital Replaces IPO Pressure

Long said companies often pursue IPOs to gain access to investors and public-market liquidity. In Ripple’s case, she said those drivers do not apply. The company can already raise capital and invest in expansion without public scrutiny or quarterly market expectations.

Ripple raised $500 million in November 2025 at a $40 billion valuation. The round included investors such as Fortress Investment Group and Citadel Securities, alongside crypto-focused funds. According to Long, the fundraising provided ample resources to support ongoing product and infrastructure investment.

When asked about investor protections tied to the deal, Long described the structure as favorable for Ripple. These terms reportedly included options allowing investors to sell shares back to the company at a guaranteed price, along with preferential treatment in scenarios like bankruptcy or a sale.

Long did not say whether such protections were required to secure investor participation or justify the valuation. She limited her remarks to stating that the agreement aligned with Ripple’s interests and long-term plans.

Acquisition Strategy and Product Expansion

Ripple’s private-market strategy coincided with a year of rapid expansion in 2025. The company completed four major acquisitions aimed at strengthening its enterprise digital asset offerings. These included global multi-asset prime broker Hidden Road, stablecoin payments platform Rail, treasury management firm GTreasury, and custody provider Palisade.

The acquisitions totaled nearly $4 billion and formed part of Ripple’s effort to build a full-stack digital asset infrastructure. Together, the businesses support trading, payments, treasury operations, and custody for institutional clients.

Ripple has since indicated that its focus in 2026 will move away from large acquisitions. Instead, the company plans to integrate these platforms and scale operations. Executives said execution and product delivery now take priority over further deal-making.

As of November, Ripple Payments processed more than $95 billion in total transaction volume. Ripple Prime, which grew from the Hidden Road acquisition, has expanded into collateralized lending and institutional XRP products. Ripple’s dollar-denominated stablecoin, RLUSD, sits at the center of both services.

Long-Term Positioning Without Public Markets

Long said Ripple’s strategy centers on building products that connect traditional finance with blockchain-based systems. She described the company’s role as creating the infrastructure that allows tokenized assets and stablecoins to function in real-world financial settings.

“The whole strategy of our company is to create products,” Long said in the Bloomberg interview. She said Ripple aims to provide the tools financial institutions need to use blockchain technology at scale.

Industry analysts note that Ripple’s approach mirrors other well-funded fintech firms that remain private despite large valuations. Staying private can reduce reporting obligations and enable companies to prioritize long-term development over short-term market reactions.

Having secured the necessary capital and established the principal platforms, Ripple still chooses to invest without attaching a public listing schedule to it. The firm has not completely excluded an IPO; however, the management has interlinked any future decision with the company’s strategy, so the necessity is not the case anymore.

This leads to one major question: what would an IPO be needed for if the growth is already funded?