Ripple has shut down news of the company going public amid several rumors making the rounds after its $500 million raise. Ripple President Monica Long cited recent success stories of the company, including its financial stability, noting the company plans to expand privately through major acquisitions and new product development.
In a recent interview, the executive stated that the company currently has “no plan, no timeline” for going public, adding that it is well-positioned to continue its growth without tapping public markets. The decision ends months of speculation in the crypto and financial press about Ripple potentially listing its shares on a stock exchange. After her comments, reports from trusted sources showed that her statement was made after the company had actually raised around $500 million as of November 2025, which put Ripple’s valuation around $40 billion at the time.
Ripple pushes growth with $500 million raise and acquisitions
Several reporters contacted Long for comments regarding this fundraising effort, hoping to gain more context. She was asked to explain certain details, such as measures of investor protections that permit individuals to effectively sell shares back to Ripple at a guaranteed price or preferential treatments, particularly in significant events like bankruptcy or a company sale.
Long noted that the company had adopted a positive and favourable deal structure, but still failed to provide enough explanation for the question raised. Analysts conducted research and found that 2025 was a significant year for Ripple, as it brought major growth to the firm. According to their findings, this growth mainly resulted from the fintech’s four key acquisitions.
These included the acquisitions of Hidden Road, a global multi-asset prime broker; Rail, a platform for stablecoin payments; GTreasury, a provider of treasury management systems; and Palisade, a firm specializing in digital asset wallets and custody services. The transactions carried out at this moment totaled approximately $4 billion, contributing to Ripple’s long-standing goal of becoming a full-service provider of enterprise digital asset infrastructure.
By last November, the payments of the fintech company had soared sharply to over $95 billion in total volume. Seeing how popular the company had grown, Ripple Prime, the newly rebranded multi-asset prime brokerage resulting from Ripple’s acquisition of Hidden Road, diversified its services to include collateralized lending and institutional products connected to XRP.
Notably, RLUSD, a stablecoin launched by Ripple, has been playing an important role in both sectors. Long said, “Our entire company strategy revolves around creating products. We aim to provide the connections that traditional finance needs to make blockchain technology, cryptocurrencies, stablecoins, and other tokenized assets truly useful and relevant in everyday life.”
