Ripple President Confirms Company Will Not Go Public in 2025

Ripple President Monica Long said in an interview that Ripple has no plans to go public in 2025. Long pointed out that the company has sufficient cash reserves and does not need to raise funds through IPO or raise awareness, and CEO Brad Garlinghouse also supports this decision. Previously, Ripple has repurchased some shares at a valuation of $11.30 billion this year, lower than the valuation of $15 billion in 2022, indicating its strategic orientation to maintain independent development.