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Ripple President Monica Long says company will stay private despite $40 billion valuation
Source: CryptoNewsNet Original Title: Ripple President Monica Long says company will stay private despite $40 billion valuation Original Link:
Overview
Ripple President Monica Long reiterated that the company is under no pressure to go public following a $500 million raise that pushed its valuation up to $40 billion. A strong balance sheet and access to private capital remove the need for public-market liquidity.
IPO Plans
When asked whether Ripple would revisit its IPO stance given the involvement of large institutional investors and their expectations for returns, Long stated:
Long confirmed that Ripple used the raised capital to acquire four companies in 2025, with the company now focused on integrating those businesses.
Diversification Strategy
Asked about diversification as much of Ripple’s value remains tied to XRP, Long said the company is prioritizing product development aimed at bridging traditional finance and digital assets.
Ripple’s focus on compliance, custody solutions, and regulated on- and off-ramps is designed to support real-world adoption by businesses and financial institutions.
Fundraising Terms
Long described Ripple’s fundraising terms as very positive and favorable for the company, noting that investors were drawn to the company’s digital asset infrastructure for financial institutions and the growth of stablecoin payments.