While crypto companies like Circle and Bullish are storming the stock market, Ripple is keeping a cool head. President Monica Long says that a stock exchange listing is not a priority for the time being. What’s behind that?
Ripple wants to grow without help from the stock market
At Ripple’s own Swell conference in New York, Monica Long delivered a striking message: “We have no plans or timeline for an IPO.” In an interview with Bloomberg, she emphasized that Ripple is financially strong and does not need public markets to grow.
According to Long, the focus is on organic growth and targeted investments. According to her, Ripple has sufficient resources to grow independently. The company recently raised $500 million from private parties such as Citadel Securities and Galaxy Digital. That extra capital is intended for strategic investments, without Ripple having to be dependent on the stock exchange.
The new investment round valued Ripple at $40 billion, a sign that institutional parties remain confident in the company’s growth strategy.
IPO seems to be over for now
Rumors about a possible Ripple IPO have been circulating since 2023, especially after the company was judged in favor of the lawsuit with the SEC. At the time, attorney John Deaton estimated the potential IPO valuation at $100 billion – partly due to Ripple’s vast holdings of XRP.
But with Long’s statements, those expectations seem to be on hold for the time being. Ripple chooses control and independence over stock market frenzy.
Other crypto IPOs have been mixed
Not every crypto stock that went public became a success story. Circle, known for stablecoin USDC, made the leap in June and saw its share rise by 750 percent shortly afterwards. Yet things quickly went downhill: the price fell from a peak of $293 to around $100.
The story was also similar at crypto exchange Bullish. On the stock exchange since August 2025, the stock initially spiked to $90. Bullish is now trading at just $44.60 – an all-time low.
Source: https://newsbit.nl/ripple-zet-rem-op-beursgang-waarom-het-bedrijf-nog-geen-ipo-wil/
