Ripple Says “No Thanks” to IPO in 2025 – Here’s Why

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  • Ripple sticks to its private guns, no IPO in 2025
  • Company’s growth? Independent. IPO? Not happening.

Ripple, ever the master of defying expectations, has made it official: no IPO in 2025. After years of gossip, rumors, and people wondering if they were secretly planning to go public just to confuse us all, the company has decided to stay private. How refreshing! Monica Long, President of Ripple (and possibly the last person on Earth who doesn’t need to impress Wall Street), confirmed this in a CNBC interview.

Ripple: Growth Without the Glitter of the Stock Exchange

In case you missed it, Long casually dropped the news that Ripple is financially stronger than some countries. She emphasized the billions in assets the company is sitting on—billions that don’t require the inconvenience of dealing with pesky public shareholders. In fact, Ripple just bought back its shares earlier this year at a nice $11.3 billion valuation. Yeah, that’s down from $15 billion in 2022, but, hey, who’s counting? Certainly not Ripple, because they’re swimming in so much cash they could probably buy an island.

Long pointed out that most companies flock to the IPO train to get a little extra cash or boost their public image. But Ripple? They’re perfectly fine just, you know, operating without all that. CEO Brad Garlinghouse, backing up Long like the team player he is, also made it clear that Ripple’s not interested in outside funding or trading shares on some public exchange anytime soon. They’ve got everything they need, and the world can just watch them grow from the sidelines.

For years, investors waited on pins and needles, expecting Ripple to finally go public after a settlement with the SEC. 2023 came and went with that very settlement, and… spoiler alert: no IPO. Ripple’s top priority? Probably buying another island.

Ripple Chooses the Road Less Traveled—No IPO Required

Meanwhile, in the world of crypto, Ripple’s biggest competitor, Circle, has decided to go full steam ahead and apply for an IPO. Circle filed with the SEC in April, and Bloomberg confirmed it. They’re basically giving Ripple the side-eye, ready to make their stock market debut while Ripple is like, “Thanks, but no thanks.”

Ripple, undeterred, continues to grow its business with the same enthusiasm as a kid at an all-you-can-eat buffet. They recently scooped up Hidden Road for a cool $1.25 billion, a deal so big it’s practically shaking up the digital asset market. This acquisition is a game-changer. It’s like Ripple just upgraded from playing Monopoly to buying real estate in the metaverse.

Hidden Road, by the way, doesn’t just handle crypto. They’re managing everything from foreign exchange to derivatives, swaps, and all the things that make regular people say, “Huh?” Ripple’s now the proud owner of a multi-asset prime brokerage operation, making them the first crypto company to do so. So, while other companies are trying to go public, Ripple is too busy expanding their empire, which is probably making other CEOs a little jealous.

In conclusion, Ripple is sitting pretty—private, independent, and not even a little bit interested in IPO drama. Both Monica Long and Brad Garlinghouse agree: Ripple doesn’t need to dance with Wall Street to keep thriving. As Circle and other crypto companies line up for their stock market debuts, Ripple is just over here, minding its own business, getting stronger by the minute. Must be nice, huh?

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2025-04-27 22:02