Ripple Defies IPO Trend, Prioritizes Private Growth Strategies

Cryptocurrency giant Ripple has dismissed plans for an initial public offering (IPO), prioritizing private growth and strategic partnerships instead. Despite a valuation of approximately $40 billion, Ripple’s CEO Brad Garlinghouse and President Monica Long affirmed at the Swell conference that they have no timeline for an IPO. This stance contrasts with industry trends, which increasingly favor going public as a route to expansion.