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Ripple's president confirmed that the company will not go public in 2025.
On April 27, Ripple President Monica Long stated in an interview that Ripple has no plans for an IPO in 2025. Long pointed out that the company has sufficient cash reserves and does not need to raise funds or increase visibility through an IPO, a decision supported by CEO Brad Garlinghouse. Previously, Ripple had repurchased some shares this year at a valuation of $11.3 billion, lower than the $15 billion valuation in 2022, indicating its strategic orientation towards maintaining independent development.