CoinVoice has recently learned that, according to Finance Magnates, Ripple has clearly denied plans to launch an IPO in 2025 after years of market speculation. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's plans. She emphasized that Ripple's current financial situation is strong, holding billions of dollars in cash reserves, and does not need to raise funds through a public offering or increase market exposure.
Long further pointed out that companies usually go public for two main motives: to raise funds or to expand brand influence, but Ripple currently has "no demand for either."
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
CoinVoice has recently learned that, according to Finance Magnates, Ripple has clearly denied plans to launch an IPO in 2025 after years of market speculation. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's plans. She emphasized that Ripple's current financial situation is strong, holding billions of dollars in cash reserves, and does not need to raise funds through a public offering or increase market exposure.
Long further pointed out that companies usually go public for two main motives: to raise funds or to expand brand influence, but Ripple currently has "no demand for either."