- Ripple is valued at approximately $40 billion.
- No plans for an initial public offering (IPO) have been made.
- Focus remains on private growth and strategic partnerships.
Ripple CEO Brad Garlinghouse and President Monica Long confirmed at the Swell conference the company has no plans for an IPO, maintaining a focus on private growth.
Ripple’s decision contrasts with industry trends, emphasizing private expansion over public markets, reflecting in XRP’s strategic importance without immediate market impact.
Ripple, with a valuation of approximately $40 billion, firmly resists plans for an initial public offering. CEO Brad Garlinghouse and President Monica Long have emphasized the move toward strategic partnerships and private growth initiatives rather than public market listings.
Monica Long stated at the Swell conference there is “no plan, no timeline” for an IPO. Ripple, supported by substantial funding, remains committed to private business expansion, preserving its position amidst rising regulatory scrutiny and industry shifts.
The decision impacts Ripple’s major stakeholders, including SBI Holdings, which anticipates realizing the true value of its investments post a liquidity event. XRP’s market standing remains unaffected by the absence of an IPO timeline, reinforcing its role as a core asset.
SBI Holdings refrains from valuating Ripple’s unlisted shares until a definitive market pricing event occurs. The strategic alignment reflects on Ripple’s expansion in the stablecoin sector, signaling robust internal investment policies amidst industry trends favoring public listings.
Ripple’s decision to stay private is seen as a strategic deviation from the prevalent trend of crypto public offerings, steering clear of trends evident in entities like Circle. This choice underscores its self-reliance on private growth channels, fostering an environment primed for technological advancement.
Potential regulatory outcomes and subsequent impacts on XRP will be closely monitored. The decision reiterates Ripple’s emphasis on strategic partnerships and technological development, resisting broad industry inclinations towards public market validation and exposure.
“It would not include the value of Ripple’s unlisted shares, or the XRP in Ripple’s escrow, in its valuation until a concrete market price is set.” — SBI Holdings
