$XRP
In April 2025, Monica Long, president of Ripple, announced that the company does not plan to go public in the next year. The decision, supported by CEO Brad Garlinghouse, suggests strong financial stability that eliminates the need for an initial public offering (IPO).
Ripple bets on financial independence over going public.
This choice reinforces Ripple's independent growth strategy. Monica Long clarified that Ripple has significant liquidity, eliminating the need to seek capital through public markets. This move supports previous strategic actions, such as the recent stock buyback valued at $11.3 billion, which aimed to strengthen internal control under already established governance.
With the IPO ruled out, Ripple will continue to prioritize private operations and internal expansion. The company's native asset, XRP, remains stable in its daily operations, showing consistent trading patterns. Ripple maintains its course under the leadership of Long and Garlinghouse, emphasizing the maintenance of a strong balance sheet to support its business goals.