Ripple is dialing down expectations of a near-term
Wall Street debut as it leans on a fresh war chest and a burst of deal-making
to drive its next phase of growth.
The company signals that it prefers to build out a
broader enterprise crypto platform behind closed doors rather than submit to
the scrutiny and short-term pressure of public markets.
Ripple Pushes Back on IPO Route
Ripple’s President Monica Long said the company has no
current plans to pursue an initial public offering and intends to remain
private. She framed the decision as a strategic choice, arguing that Ripple
does not need the liquidity or investor access that a listing would provide
because its finances already support expansion.
The comments follow a $500 million fundraising that Ripple closed in November 2025 at a reported $40 billion valuation. Fortress
Investment Group, Citadel Securities and several crypto-focused funds took part
in the round, showing that large institutions still see room for upside in
Ripple’s private-market story.
Long described the structure of the deal as “very
positive, very favorable for Ripple” when asked about investor protections. The
package reportedly included rights for investors to sell shares back to the
company at a guaranteed price and return, along with preferential treatment in
scenarios such as bankruptcy or a sale.
RIPPLE $XRP PRESIDENT MONICA LONG ON IPO: “WE STILL PLAN TO REMAIN PRIVATE.” pic.twitter.com/lNZvAM7ua7
— The Wolf Of All Streets (@scottmelker) January 7, 2026
Investor Protections Draw Scrutiny
Long did not say whether those protections were
crucial to securing heavyweight backers at the $40 billion price. That omission
leaves open how much risk investors were willing to take without contractual
downside cover and how that balance shaped the final valuation.
Such terms, which can include put rights and
liquidation preferences, typically insulate investors from extreme outcomes and
can influence future capital-raising options. In Ripple’s case, the company
portrays the round as aligning its interests with those of new shareholders
while keeping room to execute its private playbook.
2025 Deals Reshape the Business
Ripple used 2025 to overhaul its footprint with a
string of acquisitions totaling nearly $4 billion. The company bought global
multi-asset prime broker Hidden Road, stablecoin payments platform Rail,
treasury management system provider GTreasury and digital asset wallet and
custody firm Palisade.
Related: How Ripple Pulled Off the Year’s Biggest Crypto Raise While XRP Tumbled 40%
These purchases aim to turn Ripple into a broad
supplier of enterprise digital asset infrastructure rather than a
single-product company. As of last November, Ripple Payments had processed
more than $95 billion in cumulative volume, underlining the scale of its
cross-border and enterprise flows.
Ripple Prime, which builds on the Hidden Road
acquisition, has started to offer collateralized lending and institutional XRP
products as it targets more sophisticated trading clients.
This article was written by Jared Kirui at www.financemagnates.com.
Source link
