Ripple President Quashes Imminent IPO Plans Despite $40 Billion Valuation And Wall Street Backing ⋆ ZyCrypto

Rumors have long been flying of a possible Ripple IPO. However, Ripple president Monica Long has poured cold water on hopes for an imminent public offering, stressing the fintech firm’s plans to remain private.

A surge in retail interest, renewed political tailwinds, and a reopened U.S. IPO market made 2025 arguably the biggest and most consequential year on record for crypto IPOs. Against that backdrop, companies from exchanges to stablecoin issuers raced to tap public markets.

However, Ripple is not ready to jump on the crypto IPO bandwagon, at least not just yet. This is according to Ripple President Monica Long, who cited the company’s robust financial position and preference for extending privately via acquisitions and product development.

“Currently, we still plan to remain private,” Long told Bloomberg during a Tuesday interview. “Often the strategy driving an IPO is to get access to the investors and the liquidity of the public markets … We’re in a really healthy position to continue to fund and invest in our company’s growth without going public.”

Long noted that Ripple was “very pleased” with the fundraising in the fourth quarter of 2025. As we previously reported, Ripple raised $500 million in November 2025 at a staggering $40 billion valuation. The funding round attracted some of Wall Street’s biggest players, including Citadel Securities, Fortress Investment Group, and Pantera Capital, underscoring the growing appeal of blockchain technology among mainstream financial institutions. Long described the raise and subsequent valuation as “very positive, very favorable for Ripple.”

2025 Was A Bumper Year For Ripple

Ripple had an exceptional 2025, highlighted by four major acquisitions, the conclusion of a five-year-long court battle with the SEC, and a rocket surge to new heights for XRP. Specifically, Ripple forked nearly $4 billion to acquire prime brokerage Hidden Road, treasury asset management firm GTreasury, wallet tech firm Palisade, and Toronto-based stablecoin payments platform Rail.

The acquisitions help Ripple boost its financial services offerings while cementing its position among the current and future leaders of the cryptocurrency industry.

As of now, Long indicated that Ripple is focused on making stablecoins and tokenized assets “actually useful.”

“The whole strategy of our company is to create products. So the connective tissue that traditional finance needs to make blockchain and cryptocurrencies and stablecoins, all these tokenized assets, to make them actually useful and applicable in the real world,” she posited.