Overview
- In a Jan. 6 Bloomberg interview, President Monica Long said Ripple has no plan or timeline for an IPO, citing no need for public-market capital.
- Ripple closed a $500 million round in November 2025 at about a $40 billion valuation, adding investors such as Citadel Securities and Fortress Investment Group.
- Reports on the financing describe downside protections, including rights to sell shares back to Ripple and preferential treatment in certain scenarios, which Long characterized as favorable without detailing terms.
- After an acquisition-heavy 2025—Hidden Road (Ripple Prime), GTreasury, Rail, and Palisade—management is focused on integration, with GTreasury announcing an add-on purchase of Solvexia on Jan. 6.
- Operational metrics underscore scale, with Ripple Payments surpassing $95 billion in volume by November 2025 and RLUSD exceeding a $1 billion market cap, while the company highlights 70+ licenses and says it does not plan to buy a centralized exchange.