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Ripple President On $500 Million Raise: No IPO, No Exchange, Bigger Plans

Ripple president Monica Long says the corporate’s newest $500 million fairness elevate is being put to work on integrating a run of acquisitions and increasing Ripple’s push into regulated stablecoin infrastructure.
In an interview with Bloomberg Crypto on Jan. 6, Long addressed investor questions across the fundraising phrases, Ripple’s plans for RLUSD below a brand new US regulatory regime, and whether or not the corporate is transferring any nearer to an IPO.

What Ripple Is Really Doing With Its $500M War Chest

The elevate, carried out within the fourth quarter at a reported $40 billion valuation, introduced in main names together with Citadel and Fortress, alongside plenty of crypto native funds. The deal reportedly permits traders to promote shares again to Ripple at a assured worth and return, plus preferential remedy in main occasions resembling a sale or chapter.

Long didn’t dwell on the particular mechanics, however framed the construction as favorable for Ripple and positioned the investor combine as strategic for the place the corporate desires to go subsequent.

“So the general construction for the fundraiser may be very, very optimistic, very favorable for Ripple,” Long stated. “We have been actually happy to welcome Fortress and Citadel onto our cap desk along with plenty of different crypto native premier funds. And what they actually noticed was that our enterprise is working, you recognize, our technique of making digital asset infrastructure for companies and monetary establishments alongside the inflection level that steady coin funds hit final 12 months was one thing that they wished to be part of.”

Long added that as Ripple seems to be “extra towards making use of these applied sciences to the world of capital markets,” traders like Citadel and Fortress may be “nice strategic companions on that entrance.”

Pressed on whether or not the investor protections have been essential to safe the valuation and shut the deal, Long provided restricted further element, saying solely that “to my information, they have been excited to be part of to be traders in Ripple,” and that Ripple was “more than happy with how the phrases of the deal panned out.”

Long stated the cash is supporting an organization that’s nonetheless in build-and-integrate mode after an acquisitive 12 months. “You know, 2025 was an enormous 12 months for Ripple for each our natural progress after which additionally inorganic,” she stated, including Ripple “had acquired 4 firms final 12 months with the fundraise as properly,” and is now targeted on “integrating these companies [Hidden Road, Rail, GTreasury and Palisade] and persevering with to develop.”

Long additionally described Ripple’s broader effort to diversify worth creation past the corporate’s XRP holdings by constructing what she referred to as the “connective tissue” wanted to make tokenized belongings usable for establishments, custody, compliant on- and off-ramps, and regulatory permissions. She stated Ripple has taken a “compliance first” strategy and has acquired “70 plus licenses world wide” to help buyer flows.

Long additionally outlined how current acquisitions match Ripple’s product roadmap. She pointed to “including parts like MPC custody by Palisade,” strengthening the stablecoin providing “with rail,” and shopping for complementary companies that may devour Ripple’s infrastructure, citing GTreasury, which she stated serves “a thousand corporates,” and Ripple Prime, which she stated serves “a whole lot of hedge funds,” as Ripple pushes into use circumstances like collateral mobility.

What Ripple Is Not Doing With The Raise

Despite including new giant traders, Long reiterated Ripple’s stance on staying private. She stated the corporate nonetheless has “no plan, no timeline for an IPO,” arguing Ripple can fund progress and acquisitions with its present stability sheet energy and private-market curiosity reasonably than pursuing public-market liquidity.

Asked whether or not Ripple may purchase a centralized trade, Long referred to as exchanges “undoubtedly key companions” however stated Ripple doesn’t plan an acquisition in that class, whereas noting the rise of decentralized exchanges and a broader pattern of “verticalization” amongst main crypto corporations.

At press time, XRP traded at $2.25.

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