Ripple rejects IPO plan, insists on private expansion with a $40 billion valuation

2026-01-07 13:58:12

【Chain Wen】Ripple has no plans to go public. Company President Monica Long recently made it clear that they prefer to remain private and grow through acquisitions and independent product development.

To put it simply, Ripple is not lacking funds. Long pointed out that the company already has sufficient financial strength to support growth, and does not need to raise funds through an IPO or rely on liquidity from public markets. Where does this confidence come from? The $500 million funding round completed in November 2025 is a good example — after this round, Ripple’s valuation skyrocketed to $40 billion.

So what does Ripple truly care about? It’s still about products. Long emphasized that the company’s core strategy is to build things — specifically, to develop the infrastructure needed by traditional financial institutions, enabling stablecoins, tokenized assets, and cryptocurrencies to truly operate within real business processes, rather than remaining at the conceptual stage.

This reflects an interesting phenomenon: as the maturity of the crypto market continues to improve, leading projects like Ripple are beginning to shift their mindset — no longer rushing to go public for publicity and fundraising, but instead focusing on tangible product innovation and ecosystem development. This strategic shift may be becoming a new industry trend.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

bridge_anxiety

· 8h ago

$40 billion still not going public? Ripple is really confident in traditional finance. Thinking about it carefully, it's quite clever. No need to be dictated by retail investors; quietly making big money is the real deal. It's really just waiting for that moment to let XRP break out of the circle completely. The key is whether the product can be implemented; otherwise, no matter how much money there is, it’s just that much. Monica Long spoke with great confidence this time; I’m optimistic. This is what true strategy looks like, unlike some coins that are always thinking about harvesting. Persisting in privatization and expansion... this move is really ruthless, avoiding a bunch of headaches from going public. Raising $500 million and soaring to a $40 billion valuation, the inflation of valuation is truly remarkable. In the game of traditional financial infrastructure, Ripple is really playing a deep game.

View OriginalReply0

MEVHunterX

· 01-08 01:05

Not going public might actually be more free, without so many old guys staring at quarterly reports. Focusing on product development is the real way to go. Exactly, financial infrastructure requires real skills; you can't just tell stories to fool people. A valuation of 40 billion and still not going public? They really have confidence, indicating they know exactly what they want. By the way, Ripple's approach is actually quite clever, avoiding the messy pressures of the public markets. I don't understand why they must go public. Having enough money and good products should be enough, right? The traditional financial circle needs to be brought in; otherwise, no matter how advanced the infrastructure is, it’s all pointless. The combination of stablecoins + tokenization truly represents the future. With sufficient funds, they can focus on the long term without jumping around every quarter to impress Wall Street. Maintaining a private identity actually helps shed those short-sellers. After raising 5 billion, the valuation skyrocketed to 40 billion. That growth rate is a bit crazy.

View OriginalReply0

JustHereForMemes

· 01-07 14:28

Hi, with a valuation of 40 billion, still not going public? Bro, you really don't lack money. All I can do is watch as a loser. To be honest, Ripple's private strategy this time is quite interesting. As long as the product is usable, the listing process is too complicated. Building stablecoin infrastructure is the real key; just speculating on coins is useless. NGL, traditional finance is still slow to adopt crypto. Let's see how Ripple breaks through. A single round of 500 million in funding skyrocketed to 40 billion. This growth rate is truly impressive.

View OriginalReply0

DustCollector

· 01-07 14:26

$40 billion still not listed? This guy really feels what it's like to have money. It's not that they don't have money; they just don't care for the public market scene at all. Ripple is actually smart this time. Going public would only get them criticized by retail investors every day and force them to look at Wall Street's face. Better to quietly make big profits and build infrastructure. Can crypto finance really be integrated into traditional institutions? It seems this move is even more difficult than raising funds. It's a play of old aristocrats. When you have enough money, hide away and develop products. That's true control... Remember those projects that keep shouting IPO every day? They're actually more prone to problems. Monica is right, products > fundraising. Unfortunately, most projects think the other way around.

View OriginalReply0

0xLostKey

· 01-07 14:25

Not going public is fine, anyway Ripple has been financially free for a long time, why bother with the public market XRP still has to keep going, that's the real deal A valuation of 40 billion without ringing the bell... If I were an institution, I would have already rug pulled, only Ripple's move is impressive Speaking of which, truly capable projects don't need an IPO to prove themselves, just focus on building products Monica and her team are quite smart, focusing on infrastructure is better than anything else

View OriginalReply0

WinterWarmthCat

· 01-07 14:21

Not going public is actually more free; I like this approach. Without retail investors rushing to make money, focusing on technology is the real kingly way. --- $40 billion USD—what's the point of an IPO? It shows Ripple has truly solidified its product, not just telling a slick fundraising story. --- A truly capable team is like this: not in a rush to go public and cut the leeks, quietly building infrastructure to go far. --- I believe Monica Long’s words. Instead of letting retail investors take the risk, it’s better to focus on the big cake of traditional finance. The vision is indeed different. --- Persisting in privatization and expansion... this means long-termism, not being tied down by the public markets. Nice. --- Honestly, if it weren’t for a stable financial background, I wouldn’t dare refuse an IPO. Ripple’s move is quite bold. --- Building infrastructure is much more reliable than chasing after hype coins. Finally seeing a team working seriously. --- Not lacking money means not lacking money. Raising 500 million with a valuation of 40 billion—what does this number say? Investors are betting heavily. --- The key is whether the product can truly land in traditional finance; otherwise, this valuation is just a numbers game.

View OriginalReply0

GateUser-addcaaf7

· 01-07 13:59

Not going public is actually more freeing. I see through this routine; they just don't want to be watched by Wall Street. With a valuation of 40 billion, Ripple truly has the confidence to say "We are not short of money," which is really impressive. Monica is genuinely trying to create something real, not just hype concepts. This is definitely much better than some other projects. If stablecoins can truly be implemented and used, traditional finance will really buy into it. Otherwise, it's all just empty talk. The privatization continues to hold big moves. I want to see what they can come up with in the end. Wait, is this real? A valuation jump from 500 million to 40 billion after funding? That’s incredible. Every project talks about product being king, but it all depends on whether Ripple can actually deliver.

View OriginalReply0