EddieJayonCrypto

 25 Apr 25

tl;dr

Ripple President Monica Long stated in a CNBC interview that the company is not planning an IPO currently due to having ample liquidity, with billions in cash on hand. The company is focused on growth and is in an acquisitive phase. Ripple CEO Brad Garlinghouse also indicated in October that an IPO ...

Ripple President Monica Long confirmed that the company currently has no plans for an IPO, citing strong liquidity with billions of dollars in cash on hand. She emphasized that Ripple is focused on business growth and is in an acquisitive phase, prioritizing expansion over going public.

In a CNBC interview, Long highlighted Ripple’s financial stability as the key reason for delaying any initial public offering. This stance aligns with comments from Ripple CEO Brad Garlinghouse in October, who also stated that an IPO is not a priority given the company's strong financial footing.

Ripple, headquartered in San Francisco, continues to leverage its robust cash reserves to fuel growth and acquisitions, positioning itself strategically in the blockchain space. The company has faced years of speculation regarding its IPO intentions, but with its current liquidity, it remains focused on strengthening its business operations rather than pursuing public markets at this time.

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