Ripple Says “No IPO for You” – Why Ripple is More About Growth Than the Stock Market

by

Ripple News April 25th: Hold onto your wallets, folks! Despite all the chatter and endless speculation (seriously, we’ve heard this every year for what feels like a century), Ripple has announced—hold your applause—no IPO in 2025! Yes, you heard that right. Even after winning its never-ending legal battle with the U.S. Securities and Exchange Commission (SEC), the company behind XRP has decided the stock market is, well, just not their thing right now.

So, Why Is Ripple Holding Off on That Glorious IPO?

According to the ever-confident Ripple President, Monica Long (who totally does not enjoy being on TV, *wink*), the company’s financials are strong enough to make a dragon jealous—billions in cash reserves! She went on to explain that IPOs are usually a way to raise cash or gain some fame, neither of which Ripple needs right now. So, yeah, they’re kind of like, “Thanks, but no thanks!”

And just in case you were wondering, CEO Brad Garlinghouse also chimed in to confirm that going public is not on their radar anytime soon. They’re not desperate for outside cash, folks. Keep your pennies! 💰

And the Ripple IPO Dream Just… *Poof* Gone

Let’s rewind, shall we? The Ripple IPO saga has been a wild ride for years. Back in 2022, Garlinghouse was all like, “We’ll think about going public once the SEC stops giving us a headache.” But even after they got some legal clarity, Garlinghouse made it crystal clear in late 2023—an IPO? Nah, not a priority. So, there you go, folks. The bubble has burst.

Then, in early 2024, Ripple did a little buyback dance, repurchasing shares at a reduced valuation of $11.3 billion (down from $15 billion in 2022). They raised a sweet $285 million in that move, which brought their total funding to $318.5 million. Guess who’s still on the list of Ripple’s investors? Oh, you know, just Andreessen Horowitz, Google Ventures, and Founders Fund. Big names, small IPOs, I guess. 🤷‍♂️

Focus on Growth, Baby! Acquisitions Are the New IPO

Instead of hitting up the stock market for fame and fortune, Ripple’s got bigger plans—*acquisitions*! Cue the dramatic music 🎶. Their big move? A $1.25 billion purchase of Hidden Road, a prime brokerage that handles over $3 trillion in transactions. I mean, that’s a bit of cash, don’t you think? 💸

But wait, there’s more! This move is all about strengthening Ripple’s global grip, especially in the stablecoin world with their shiny new RLUSD token. It’s like Ripple’s quietly plotting to take over the finance world—digital AND traditional. Stay tuned, because things are about to get interesting.

FAQ

Why is Ripple not launching an IPO despite resolving the SEC case?

Ripple says, “Hey, we’ve got billions in cash and no urgent need for public exposure or funding.” The company is more into growing through acquisitions and making moves in the finance world. IPOs? Not today, my friend.

Will RLUSD, Ripple’s stablecoin, be integrated into global payment systems?

Oh, absolutely. Ripple is all about integrating RLUSD into its ever-expanding global network. The recent $1.25 billion Hidden Road acquisition? Yeah, that’s to make RLUSD the new darling of institutional finance. So, buckle up!

Read More

2025-04-25 10:22