by: xpoolPosted on:

Ripple Delays IPO to Focus on Growing its Ecosystem

Ripple has decided to postpone an initial public offering (IPO) in favor of expanding its ecosystem through strategic acquisitions. This shift in strategy was revealed by company president Monica Long at the Swell conference in New York, following a $500 million funding round led by Fortress Investment Group. This move comes despite Ripple’s strong financial position and a valuation exceeding $40 billion.

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