Ripple CEO Confirms Company Will Not Go Public by 2025

BlockBeats News, April 27th, Ripple CEO Monica Long stated in an interview that Ripple has no plans to go public in 2025. Long emphasized that the company has sufficient cash reserves and does not need to raise funds through an IPO or increase its visibility, a decision supported by CEO Brad Garlinghouse. Earlier this year, Ripple repurchased some shares at a valuation of $11.3 billion, lower than the $15 billion valuation in 2022, demonstrating its strategic focus on maintaining independent development.