Ripple has reaffirmed that it has no plans to go public, signaling confidence in its financial health and long-term growth strategy. Speaking in a recent interview with Bloomberg, Ripple President Monica Long said the blockchain payments company intends to remain private as it continues to invest heavily in product development and acquisitions.
“Right now, we still plan to remain private,” Long said.
She noted that companies often pursue an initial public offering to gain access to public market capital and liquidity, but Ripple does not face those pressures. According to Long, the company’s balance sheet is strong enough to support its expansion goals without tapping public investors.
The comments come just months after Ripple raised $500 million in a private funding round completed in November 2025. The round valued the company at $40 billion and attracted a mix of traditional finance and crypto-focused investors, including Fortress Investment Group, Citadel Securities, and several digital asset funds.
When asked about the structure of the deal, including reports of investor protections such as guaranteed buyback rights or preferential terms in scenarios like a sale or bankruptcy, Long described the arrangement as favorable to Ripple. She did not provide further detail on whether those terms were required to secure investor participation or to justify the valuation.
Ripple’s decision to stay private follows a year of rapid growth and consolidation. In 2025, the company completed four major acquisitions worth nearly $4 billion. These included global multi-asset prime broker Hidden Road, stablecoin payments platform Rail, treasury management provider GTreasury, and digital asset custody firm Palisade. Together, the deals reflect Ripple’s ambition to build a full-stack digital asset infrastructure for enterprises.
Operationally, the company has also scaled significantly. As of November, Ripple Payments had processed more than $95 billion in total transaction volume. Ripple Prime, which emerged from the Hidden Road acquisition, has expanded into collateralized lending and institutional XRP-related products. At the center of both offerings is RLUSD, Ripple’s U.S. dollar-backed stablecoin.
Long said the company’s broader goal is to make blockchain technology practical for real-world financial use.
“The whole strategy of our company is to create products,” she explained, pointing to the need for seamless connections between traditional finance and tokenized assets such as cryptocurrencies and stablecoins.
For now, Ripple appears content to grow on its own terms, leveraging private capital, acquisitions, and product innovation rather than the scrutiny and constraints of public markets. The company’s leadership suggests that, at least in the near future, independence remains a strategic advantage.
