- Ripple dismisses IPO plans after securing $500M private funding
- $40B valuation strengthens Ripple’s confidence in private market strategy
- RLUSD growth supports Ripple’s push to expand without going public
Ripple has taken a firm position against going public, signaling confidence in its private capital strategy following a high-profile funding round. The company’s leadership made clear that strong financial backing and expanding product lines reduce the need for public market exposure.
IPO Speculation Fades After Major Private Raise
Ripple President Monica Long said the company has no plans to pursue an initial public offering, according to Bloomberg. She explained that Ripple already has sufficient access to investors and liquidity through private markets. However, her comments followed renewed speculation after Ripple raised $500M in private funding. The round valued the company at $40B and attracted strong institutional interest.
The deal drew participation from Fortress Investment Group, Citadel Securities, and several crypto-focused funds. Their involvement reinforced confidence in Ripple’s private growth path. Besides valuation attention, Long addressed why companies typically consider IPOs. She noted that liquidity and investor reach already exist for Ripple privately.
Consequently, Ripple sees little strategic value in listing shares publicly. The company prefers flexibility and operational control. Additionally, Long described the fundraising terms as favorable for Ripple, according to Bloomberg. She did not expand on whether investor protections influenced the structure.
Moreover, the messaging reflects Ripple’s focus on execution rather than public market visibility. Leadership appears committed to scaling without external pressures.
Acquisitions Drive Enterprise Expansion Strategy
Ripple’s acquisition activity supports its decision to remain private, with the company completing four major deals totaling nearly $4B. Hence, Ripple acquired prime broker Hidden Road, payments platform Rail, treasury provider GTreasury, and custody firm Palisade, expanding its enterprise infrastructure.
Significantly, Ripple Payments has processed more than $95B in transaction volume, supporting continued private investment. Meanwhile, Ripple Prime expanded into collateralized lending and institutional XRP products, targeting professional market participants.
RLUSD Momentum Reinforces Ripple’s Private Growth Model
36Crypto reported in December that Ripple’s dollar-backed stablecoin RLUSD has moved into the top five USD stablecoins, reflecting rapid adoption within its first year. According to Jack McDonald, RLUSD reached a $1B market cap in November 2025, marking one of the fastest growth rates among regulated stablecoins.
The report linked RLUSD’s rise to Ripple’s compliance framework, which includes a national trust bank charter from the Office of the Comptroller of the Currency and a New York regulatory license. Consequently, RLUSD now plays a central role across Ripple Payments and Ripple Prime operations, supporting settlement, liquidity, and institutional use cases.
Moreover, strong stablecoin adoption reduces pressure to seek public funding, allowing Ripple to rely on private capital and product expansion. Ultimately, Ripple’s rejection of IPO plans aligns with its operational momentum, as the company continues scaling through private funding, acquisitions, and regulated financial infrastructure.
Also Read: RippleX Reveals Why XRP Is Quietly Becoming a Core Asset for Global Finance
