Ripple to stay private as funding and acquisitions fuel growth

Ripple to stay private as funding and acquisitions fuel growth
Ripple to stay private as funding and acquisitions fuel growth

​Ripple has no plans to pursue an initial public offering, according to company president Monica Long, who said the firm is financially strong enough to remain private while continuing to expand. 

Long said Ripple does not need public market liquidity to fund growth, noting that IPOs are often driven by capital access rather than strategic necessity, reports The Block.

She emphasized that Ripple is in a “really healthy position” to invest in new products and acquisitions without going public. The comments follow Ripple’s $500 million funding round in November 2025, which valued the company at $40 billion. Investors in the round included Fortress Investment Group, Citadel Securities and several crypto-focused funds. Long described the deal terms as favorable to Ripple, though she declined to detail whether investor protections played a role in securing the valuation.

Private funding backs aggressive expansion strategy

Ripple’s decision to stay private comes amid a year of rapid expansion. In 2025, the company completed four major acquisitions totaling nearly $4 billion, targeting firms across prime brokerage, payments, treasury management and digital asset custody. These included global multi-asset prime broker Hidden Road, stablecoin payments platform Rail, treasury management provider GTreasury and custody firm Palisade. 

The acquisitions reflect Ripple’s strategy to build a full-stack digital asset infrastructure for enterprises and financial institutions. Ripple Payments processed more than $95 billion in total volume as of November, underscoring growing adoption of its cross-border payment services. The company has increasingly positioned itself as an alternative to traditional financial rails rather than a single-product crypto firm.

Enterprise focus centers on stablecoins and tokenized assets

Ripple’s expanding product suite is anchored by its dollar-pegged stablecoin, RLUSD, which sits at the core of both Ripple Payments and Ripple Prime. The latter, built following the Hidden Road acquisition, has moved into collateralized lending and institutional XRP-related products. Long said Ripple’s overarching goal is to create practical, revenue-generating products that help traditional finance integrate blockchain technology. 

She described Ripple as the “connective tissue” needed to make cryptocurrencies, stablecoins and tokenized assets usable in real-world financial systems. By prioritizing product development over public market exposure, Ripple appears focused on long-term enterprise adoption rather than short-term shareholder liquidity. For now, the company sees private capital as sufficient to execute that vision.

Recently we wrote that ​XRP slipped to $2.27, down 3.66%, as traders moved to lock in gains following the recent double-digit surge

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