Ripple: IPO не в планах, акцент на стратегические инвестиции и рост бизнеса Translation: Ripple: No IPO Plans, Focus on Strategic Investments and Business Growth

Ripple has no plans to go public in the near future, unlike several American crypto industry players. This statement was made by Monica Long, the president of the fintech company, according to Bloomberg.

«We do not have a timeline for an IPO. There are no plans or deadlines,» she emphasized.

Since the beginning of the year, companies like Circle, a stablecoin issuer, Bitcoin exchanges Bullish and Gemini, as well as the crypto lending platform Figure, have transitioned to public status. Kraken has announced its preparations for a similar move.

On November 5, Ripple reported securing $500 million in strategic investments, valuing the company at $40 billion. The investors include Citadel Securities, Fortress Investment Group, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

«We are well-positioned to capitalize effectively while funding our organic and inorganic growth, strategic partnerships, and all our initiatives,» Long commented.

She declined to disclose the company’s financial performance for 2024, but noted that Ripple doubled its client base in the last quarter due to the launch of the RLUSD stablecoin. This growth was attributed to the increase in payments using «stablecoins» and the acceptance of asset regulation in the United States.

In 2022, Ripple’s CEO Brad Garlinghouse stated that the company would consider going public once the litigation with the U.S. Securities and Exchange Commission (SEC) concluded.

In January 2024, he admitted that the firm had plans to list beyond the U.S. due to the regulator’s «hostile» stance. Those plans were postponed, as the IPO was deemed not a priority.

The court formally dismissed the ongoing SEC lawsuit against Ripple in August 2025.

Since April, the fintech firm has spent over $2.4 billion to acquire at least four companies.

The announced acquisition of global prime broker Hidden Road for $1.25 billion was completed in October. Ripple also invested $1 billion in the treasury company GTreasury.

In August, the company announced the acquisition of the stablecoin platform Rail for $200 million. In early November, Ripple acquired the developer of custody solutions, Palisade; the deal’s value was not disclosed.

«Don’t expect the same pace next year. Likely, in 2026, we will slow down our acquisition rate, which will please our corporate development team,» Garlinghouse said during a panel discussion at the Swell conference, as reported by DL News.

He stressed that Ripple’s approach differs from the industry’s norm, focusing on acquiring entities that relate more closely to traditional finance. He cited Hidden Road as an example, where a significant portion of the business does not involve digital assets. He described GTreasury primarily as a bridge between traditional finance and decentralized finance (DeFi).

According to Garlinghouse, the company had plans to purchase a cryptocurrency exchange but ultimately chose to invest strategically in various platforms instead.

«This is a completely different business than what Ripple is engaged in. I don’t see us entering the public market,» he stated.

Additionally, Ripple is partnering with Mastercard, WebBank, and Gemini to test the use of RLUSD in fiat card payments.