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Ripple Rules Out Near‑Term IPO as Integration Takes Priority

Strong private financing provides sufficient capital for growth.

Overview

  • President Monica Long said on Jan. 6 that Ripple has no IPO timeline and will remain private.
  • The decision follows a $500 million November 2025 raise valuing Ripple at about $40 billion, with backers including Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace.
  • Management is focusing on integrating 2025 acquisitions — Hidden Road, GTreasury, Rail and Palisade — with deal activity expected to slow in 2026.
  • GTreasury announced its first add‑on under Ripple on Jan. 6, buying financial automation firm Solvexia to broaden treasury tools.
  • XRP saw roughly $19 million of net inflows into linked products on Jan. 6 alongside a recent price rally, while RLUSD has topped a $1 billion market cap and XRP Ledger lending and privacy upgrades are slated for this quarter.