Ripple Says No IPO Despite $40B Valuation and Wall Street Interest

Ripple has no plans to pursue an preliminary public providing regardless of closing a $500 million fundraising in November at a $40 billion valuation that attracted main Wall Street gamers.

President Monica Long confirmed the choice in a Bloomberg interview, stating the corporate stays dedicated to staying personal whereas leveraging strategic investor relationships and a powerful stability sheet to fund continued growth.

The $40 billion valuation spherical introduced Fortress Investment Group and Citadel Securities onto Ripple’s cap desk alongside crypto-native funds together with Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Long emphasised that traders “actually noticed was that our enterprise is working” with Ripple’s technique of “creating digital asset infrastructure for companies and monetary establishments alongside the inflection level that Stablecoin funds hit final yr.“

Wall Street Backing Replaces Public Market Need

Long defined that conventional IPO drivers now not apply to Ripple’s place.

“Currently we nonetheless plan to stay personal,” she acknowledged, noting that “between the energy of our stability sheet stand alone” and “curiosity from strategics like Citadel and Fortress,” the corporate is “in a extremely wholesome place to proceed to fund and put money into our firm’s progress with out going public.“

Ripple accomplished a $1 billion tender supply earlier in 2025 on the identical $40 billion valuation, which reveals sustained institutional demand for fairness publicity.

The firm has repurchased over 25% of its excellent shares in recent times, offering liquidity to shareholders whereas strategically onboarding new companions.

During that point, CEO Brad Garlinghouse stated, “This funding displays each Ripple’s unimaginable momentum and additional validation of the market alternative we’re aggressively pursuing,” noting the growth from the unique 2012 funds focus into “custody, stablecoins, prime brokerage, and company treasury, leveraging digital property like XRP.“

Over two years, Ripple executed six acquisitions, together with two valued at over $1 billion every.

The firm acquired Rail and built-in it into Ripple Payments, combining RLUSD and XRP. Ripple Payments volumes have surpassed $95 billion with 75 regulatory licenses globally.

Stablecoin Growth Drives Strategic Direction

Ripple’s RLUSD stablecoin surpassed $1 billion in market capitalization inside seven months of launch, although it stays behind Circle’s $75.8 billion USDC and Tether’s $183.5 billion USDT.

The October acquisition of GTreasury extends treasury capabilities as establishments undertake stablecoins for funds and settlement following regulatory readability from the GENIUS Act.

This got here as Garlinghouse projects the stablecoin market might develop from $250 billion to $2 trillion as institutional adoption accelerates.

@Ripple CEO @bgarlinghouse believes the stablecoin sector might balloon to $2 trillion within the close to future. #Ripple #XRPhttps://t.co/9XMruoepP6

— Cryptonews.com (@cryptonews) July 10, 2025

For Ripple, BNY Mellon serves because the RLUSD custodian and is pursuing a banking license and a Federal Reserve Master Account.

Back in November, Chief Legal Officer Stu Alderoty welcomed Governor Christopher Waller’s proposal for crypto corporations to entry “skinny” Fed accounts, stating, “I believe it’s a horny concept, and I believe it ought to give conventional banks some consolation.“

Waller’s suggestion that stablecoin issuers might leverage central financial institution fee rails instantly indicators a shift in regulatory attitudes.

“I needed to ship a message that it is a new period for the Federal Reserve in funds, the DeFi business will not be considered with suspicion or scorn,” Waller acknowledged, including his view for the Fed is to “embrace the disruption — don’t keep away from it.”

While primarily theoretical, the proposal might materialize if Waller succeeds Jerome Powell as Fed chairman, with shortlist candidates demonstrating pro-crypto leanings.

Institutional Products Expand Beyond Payments

Ripple Prime has doubled shopper collateral since integration, whereas processing over 60 million each day transactions and tripling platform measurement. The prime brokerage affords collateralized XRP lending to establishments.

However, regardless of Ripple’s cross-vertical progress, XRP reached $3.65 in July 2025, however the token is presently buying and selling over 30% under its January 2018 all-time high of $3.84.

Notably, Ripple contributed $50 million to the National Crypto Association for public training, as adoption knowledge reveals that 39% of crypto holders use digital property to buy items and providers.

While Ripple opts to remain personal, the broader crypto business embraces public markets. Circle’s June NYSE debut at $31 per share surged to $88 on opening day, now buying and selling round $149 with a $34 billion market cap.

Kraken also raised $500 million at a $15 billion valuation forward of its anticipated IPO, whereas Gemini raised $425 million on its September debut.

BitGo grew to become the first dedicated crypto custodian pursuing a US trade itemizing, and Figure Technology raised $787.5 million in its IPO at a $5.3 billion valuation.

The put up Ripple Says No IPO Despite $40B Valuation and Wall Street Interest appeared first on Cryptonews.