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Ripple President Monica Long reiterated on January 6, 2026, that the company has no plans for an initial public offering, emphasizing its robust financial position and strategic focus on global expansion over public market pressures.
In an interview with Bloomberg, Long reaffirmed the company’s commitment to staying private, stating: “We’re not pursuing an IPO and we plan to remain private. She explained that the overall strategy driving an IPO is for unrestricted access to the investors and the liquidity of the public market, something she claims Ripple does not need at the moment due to their strong financial position. “We’re in a really healthy position to continue to fund and invest in our company’s growth without going public.”
Ripple President Monica Long just dropped key updates on their M&A and growth strategy:
🏁 Vertical Integration: Building the "full stack" of crypto combining blockchain, stablecoins RLUSD, and custody (Palisade).
🏁 Acquisition Strategy: Focusing on tech to accelerate… pic.twitter.com/XjtenCyIZ6
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) January 6, 2026
Ripple’s decision to remain private follows its $500 million fundraising round in November 2025, which valued the company at $40 billion and included participation from Fortress Investment Group, Citadel Securities, and other crypto-focused investors.
When quizzed about the specifics of the deal, such as investor protections including rights to sell shares back to Ripple at a guaranteed price and return, as well as preferential treatment in events like bankruptcy or company sale, President Long described the structure as “very positive, very favorable for Ripple.” She did not, however, provide further details on whether these protections were required to secure major investor participation or to justify the reported valuation.
Ripple reported $1.2 billion in cash and short-term investments as of Q3 2025, with recurring revenue from cross-border payments and on-demand liquidity (ODL) up 120% year-over-year. The company also holds a significant XRP treasury, valued at over $10 billion at current prices.
The reaffirmation comes after months of speculation following Circle’s $1.1 billion U.S. IPO in June 2025 and Coinbase’s $20 billion valuation milestone in 2021. Ripple’s decision is in contrast with peers like Kraken, which filed confidentially for a 2026 listing. Long, taking a leaf from CEO Brad Garlinghouse position in April 2025, noted that staying private allows faster execution on priorities like RLUSD stablecoin rollout (launched December 2025) and tokenized asset initiatives in markets like Hong Kong and the UAE.
💥BREAKING 💥
Brad Garlinghouse: Ripple doesn’t need to raise capital. There’s no IPO in 2025 — we haven’t needed outside funding. #XRP
Strong signal: Ripple is self-sustaining and focused on building, not begging. pic.twitter.com/3NMNKDCffa
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) April 17, 2025
Reacting to the development on X, crypto influencer @strivex_ says that “skipping exchange ownership keeps focus on core strengths, while partnering with existing platforms ensures market reach.”
⚡️Ripple’s strategy prioritizes real-world enterprise utility over trends.
By integrating blockchain, RLUSD, and custody – plus adding 1,000+ corporates via acquisitions like GTreasury – it’s building a strong foundation for digital finance.
Skipping exchange ownership keeps… pic.twitter.com/x6VS5HckZu
— Ledger Man 🎩 (@strivex_) January 6, 2026
In 2025, Ripple significantly expanded its enterprise digital asset infrastructure through four major acquisitions totaling nearly $4 billion: global multi-asset prime broker Hidden Road, stablecoin payments platform Rail, treasury management system provider GTreasury, and digital asset wallet and custody firm Palisade. These deals have positioned Ripple as a comprehensive provider, integrating prime brokerage, payments, treasury tools, and custody under one umbrella.
Deal closed: Rail ✅
With this acquisition, Ripple Payments is the market's most comprehensive end-to-end stablecoin solution. https://t.co/JTTXAYAEqK
— Ripple (@Ripple) December 11, 2025
By November 2025, Ripple Payments had processed over $95 billion in cumulative volume. The newly acquired Hidden Road platform, rebranded as Ripple Prime, has expanded into collateralized lending and institutional XRP products, with Ripple’s dollar stablecoin RLUSD serving as the core asset for both businesses.
Explaining the company’s direction, Monica Long said: “The whole strategy of our company is to create products. So the connective tissue that traditional finance needs is to make blockchain and cryptocurrencies and stablecoins, all these tokenized assets, to make them actually useful and applicable in the real world.”
XRP traded at $2.27 on January 7, 2025, down by 3.15% in the last 24 hours.
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