No IPO Plans for Ripple in 2025, Confirms Company Leadership

Ripple has officially put IPO rumors to rest, confirming it has no intention of going public in 2025.

In a recent interview with CNBC, Ripple President Monica Long explained that an initial public offering simply isn’t on the company’s radar at the moment.

Long pointed to Ripple’s strong financial footing, highlighting that the firm holds billions in cash reserves. She emphasized that Ripple doesn’t need to raise additional capital or pursue the visibility that an IPO would typically provide.

Earlier this year, Ripple even completed a share buyback, valuing the company at $11.3 billion — slightly down from its $15 billion valuation in 2022, but still underscoring its financial strength.

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Ripple CEO Brad Garlinghouse backed up Long’s statements, reiterating that external funding isn’t a priority. Although he once hinted that an IPO could be on the table after Ripple’s legal battle with the SEC wrapped up in 2023, Garlinghouse now says an offering is no longer a pressing goal for the company.

Despite years of speculation, Ripple appears content to continue growing as a private company, leveraging its financial stability rather than chasing public markets.

Alexander Stefanov