XRP: Ripple dispels IPO plans in 2025
Ripple CEO Brad Garlinghouse, there were no plans for an initial public offering (IPO), dispelling rumors that the company will go public in 2025
Quick overview
- Ripple CEO Brad Garlinghouse confirmed that there are no plans for an IPO in 2025, dispelling rumors about the company's public offering.
- He emphasized that Ripple does not need to raise capital, citing a historically unfavorable regulatory environment in the U.S. as a reason for their lack of interest in going public.
- Garlinghouse stated that while the possibility of an IPO has been discussed internally, it is unlikely to happen this year.
- He reiterated that Ripple is focused on building its business rather than chasing investors.
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Ripple CEO Brad Garlinghouse, there were no plans for an initial public offering (IPO), dispelling rumors that the company will go public in 2025. During an event, Garlinghouse was asked if Ripple would look to go public this year.
He stated, “I’ve highlighted that most businesses go public to raise money. Our motivation hasn’t been to raise capital because we haven’t needed to. Garlinghouse further cited the historically unfavorable regulatory environment in the United States for the business’s lack of interest in IPO activity.
The American market has been extremely antagonistic until recently. “Why would we even attempt to have that discussion?” he asked. Brad Garlinghouse: Ripple doesn’t require funding. 2025 will not see an IPO, and Ripple don’t need outside capital $ XRP.
Ripple is building an empire IPO, not chasing investors. Do not beg. proper execution. Garlinghouse said, “I think that’s a definitive no,” in response to a direct question concerning a 2025 IPO. The company hasn’t made such a priority, though going public has been discussed internally at Ripple. Garlinghouse added.
Garlinghouse did not rule out the possibility of an IPO in the future, but he was adamant that it was unlikely this year
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