Ripple confirms no plans for IPO, preferring to remain private

Ripple’s President Monica Long confirmed the company has no intention to pursue an initial public offering. She emphasized the preference to stay private, with a focus on acquisitions and product development.

Long mentioned that Ripple does not need public funding, as it can support its growth through internal financing. The company continues to build its offerings, aiming to enhance connections in traditional finance by utilizing stablecoins and tokenized assets.

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